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2025-019 - Statement of Investment Policy
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2025-019 - Statement of Investment Policy
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Last modified
6/12/2025 3:56:39 PM
Creation date
6/12/2025 3:52:15 PM
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City Clerk
Doc Type
Resolution
Agency
Finance & Management Services
Doc #
2025-019
Item #
18
Date
6/3/2025
Destruction Year
P
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TABLE OF CONTENTS <br /> Page <br /> Introduction.................................................................................................................................1 <br /> 1.0 Policy ...............................................................................................................................1 <br /> 2.0 Scope...............................................................................................................................1 <br /> 3.0 Prudence..........................................................................................................................2 <br /> 4.0 Objectives ........................................................................................................................3 <br /> 5.0 Delegation of Authority .....................................................................................................6 <br /> 6.0 Ethics and Conflicts of Interest .........................................................................................7 <br /> 7.0 Authorized Financial Institutions and Qualified Broker-Dealers............................................8 <br /> 8.0 Authorized and Suitable Investments..............................................................................8 <br /> 9.0 Prohibited Investments and Investment Practices...........................................................13 <br /> 10.0 Investment Pools/Mutual Funds......................................................................................14 <br /> 11.0 Collateralization/Security for Deposit of Public Funds.....................................................A 5 <br /> 12.0 Safekeeping and Custody...............................................................................................15 <br /> 13.0 Diversification.................................................................................................................16 <br /> 14.0 Internal Controls.............................................................................................................16 <br /> 15.0 Reporting....................................................................................................................—.17 <br /> 16.0 Policy Considerations.....................................................................................................18 <br /> 17.0 Policy Review, Certification, and Adoption ......................................................................19 <br /> ........................................................................................................................................... <br /> Resolution No.2026-019 <br /> Page 4 of 24 <br />
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