Investment Advisory Board

Regular Meetings

  • Once each quarter
  • Orange City Hall
    300 E. Chapman Ave. 
    Orange, CA 92866


  • Robert Foley
  • Vacant
  • Larry Sallinger
  • Richard A. Rohm, City Treasurer (Ex-Officio)
  • Will Kolbow, Finance Director (Ex-Officio) 

Committee Composition

The Committee shall consist of three voting members and the City Treasurer and Finance director, who shall serve as non-voting members.

Voting Member Qualifications

Voting members must have either their primary residence or primary place of employment in the City. Voting members shall have substantial education and five years of demonstrated managerial experience in one or more of the following areas:
  • Commercial banking
  • Financial management and planning
  • Investment banking
  • Investment brokerage and sales
  • Investment management
(Qualifications revised 8/22/06 per Resolution 10112)

Terms of Office

Members of this committee serve for two year terms. (Resolution No. 9625) 

General Purpose

The primary purpose is to independently review the City’s investments to determine their consistency with the City’s investment policy’s principal objectives of safety first, liquidity second, and total rate of return third.

The duties are set forth in Resolution No. 9625.