1-19-7: REPORTING:
Investments, fund balances and the status of such accounts will be reported at each regularly scheduled meeting of the Village Board and at least quarterly include information regarding securities in the portfolio by class or type, book value, income earned, and market value as of the report date. At least annually, the Chief Investment Officer shall review this Chapter for any needed modifications and report to the Board on the investment portfolio, its effectiveness in meeting the Village's need for safety, liquidity, rate of return, diversification and general performance. These reports will be available to the general public upon request. (Ord. 573, 7-14-1999)