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6240P - Investments.doc
Handle: Document-12628
Owner: TeWinkle, Coralie (User-2641, ctewinkl:DocuShare)DS
Wednesday, January 16, 2002 04:57:28 PM EST
Wednesday, January 16, 2002 04:57:28 PM EST
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  • 6240
INVESTMENTSThe objectives of the district's investment policy are to safeguard district funds and to minimize risk, to ensure that investments mature when cash is required to finance operations and to ensure a competitive rate of return.
  • Concentration of investments in a single financial institution should be avoided.
  • No investment shall mature later than the date the invested funds are anticipated to be needed and, in no case, more than two (2) years from date of purchase.
  • Investments shall be made with judgment and care, under circumstances then prevailing, which persons of prudence, discretion, and intelligence exercise in the management of their own affairs, not for s...
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6240P - Investments.doc
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Appears In: WCSD District Policy Handbook
Preferred Version: 6240P - Investments.doc