Complete Section Summary. B. All investments, except capital projects, special assessments, and debt service are for 2 years or less.
All investments are limited to the restrictive types provided by the Investment Policy.
For investments of surplus funds, determine that investment was based upon reliable cash forecasts. D. Investment meets policy guidelines. F. Document broker selected, earnings rate and commissions paid and determine if best rates were obtained. Verify that institutions have a copy of our investment policy. Examine the investment of surplus funds for competitive bids of 3 or more financial institutions.