Recommendation R2
By August 1, 2026 the Board of Supervisors direct the Auditor-Controller-Treasurer- Tax Collector and the Administrator of the Sonoma County Employees’ Retirement Association Investment Managers to collaborate in pursuing a higher rate of return on the Ag+OS Stewardship Reserve Fund and report their recommendations to the Board of Directors by December 31, 2026. (F2)
Jury report: A Review of Sonoma County Agricultural Preservation and Open Space District: It’s On Their Website! · PDF page 19
Permanent linkOfficial response
Sonoma County Board of Supervisors / Ag+OS Board of Directors
Agency plans to implementDescribes the March 24, 2026 investment-adviser RFP, a proposed investment-policy amendment and a planned contract award by December 31, 2026.
Read official response · PDF page 2Engages the investment objective and gives a Board return date. Page 3 makes consultation with the retirement association conditional on pursuing a legislative change, rather than promising the exact collaboration requested.
- Return to the Board of Directors to award an investment-adviser services contract. Owner: Ag+OS and Auditor-Controller-Treasurer-Tax Collector. Timing: 2026-12-31.
This review evaluates the response document. Implementation claims have not been independently verified.