Market yields will be sought throughout the budget and economic cycle consistent with the overriding objectives stated. In keeping with the state of Utah statutes and the city's investment strategy, funds will be placed for investment and not speculation (i.e., technically referred to as a passive investment strategy). The benchmark standard for rate of return on the city portfolio will be the average rate of return on similar investments and portfolios such as six (6) month U.S. treasury bills and the Utah state public treasurer's investment fund. (Eff. 4-4-2016)