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SubjectsFinance › Investment Policies
Updated 02/2011

Investment Policies

Contents

Introduction

Every city and county has an investment policy. Even if your finance department has not consciously developed and had it adopted by the city council, any jurisdiction that has investments has an ad hoc policy, which is the result of the individual investment decisions made in the past. The investment instruments that you currently hold have certain maturities, yields, liquidities, safety, etc. However, they may not be what your jurisdiction would choose if it looked at the overall picture. Having an investment policy is not only a good financial practice, it also provides protection for elected officials and staff by spelling out goals and responsibilities.

Background Information

Policies

Note: We are in the process of getting newer city and county investment policies. Please send us yours.

Need more information?

Feel free to Ask MRSC. Washington cities, counties, and our contract partners can call or email MRSC for more information and advice - free of charge.