It is the policy of The City of Hurstbourne to invest public funds in a manner which will provide the maximum security of principal and highest investment return while meeting the daily cash flow demands on the City of Hurstbourne and conforming to both KRS 91A.060 and KRS 66.480. This investment policy applies to all financial assets held directly by the City of Hurstbourne. These financial assets are accounted for in the City of Hurstbourne annual financial report and include all moneys in investment fund accounts.
(Ord. 12-06, passed 9-25-12)