(A) The Director of Finance shall meet at least annually with the Finance Committee to review the investment portfolio of the city. Specific areas of review include investment policy compliance, reporting compliance, internal control compliance, sale of any security prior to the maturity date, liquidity concerns, investment inventory, transactions for the period, and realized income.
(B) The Director of Finance may seek additional investment advisory portfolio review services to support the Finance Committee or City Council review process.
(C) Any amended policy that has been approved by the City Council shall be filed with the Auditor of State.
(Ord. 85-94, passed 10-3-94; Am. Ord. 89-96, passed 10-7-96; Am. Ord. 10-99, passed 2-16-99; Am. Ord. 63-22, passed 11-14-22)