6-9-2026 County of San Diego Board of Supervisors Meeting (PM Session)

The County of San Diego Board of Supervisors held a meeting on June 9, 2026, during which they considered a resolution to authorize the county to join the California Fixed Income Trust (Cal FIT) Joint Powers Authority as a founding member. Treasurer-Tax Collector Larry Cohen presented the item, explaining that joining Cal FIT would provide the county with additional investment options, allow it to have a permanent seat on the Cal FIT board, and strengthen fiscal stability without incurring new costs. The county is already investing $100 million in Cal FIT, and joining the JPA would give the county governance input and leverage in managing the investment pool. The board unanimously approved the resolution. Public comments included concerns about government transparency, fiscal responsibility, and trust in county management, but no opposition to the procurement action was recorded. The meeting also included public comments on other topics and adjourned into closed session for additional matters.