The county’s funds shall be invested in accordance with all applicable county policies, state statutes, and federal regulations, and in a manner designed to accomplish the following objectives, which are listed in priority order:
(A) Preservation of capital and protection of investment principal.
(B) Maintenance of sufficient liquidity to meet anticipated cash flows.
(C) Attainment of a market rate of return.
(D) Diversification to avoid incurring unreasonable market risks.
(Ord. 2019-01, passed 1-28-2019; Ord. 2020-01, passed 1-27-2020; Ord. 2021-01, passed 1-25-2021; Ord. 2022-01, passed 1-24-2022)