(A) This investment policy applies to all financial assets held directly by the city. These financial assets are accounted for in the city’s annual financial report and include all monies in the following funds:
(1) General Fund;
(2) Combined Utility Fund;
(3) Special Revenue Fund;
(4) Municipal Road Aid Fund;
(5) Debt Service Fund;
(6) Capital Projects Fund;
(7) Enterprise Fund;
(8) Utility Depreciation Fund;
(9) Agency Fund;
(10) Any other funds created by the city.
(B) Financial assets of the entity held and invested by trustees or fiscal agents are excluded from these policies; however, such assets shall be invested in accordance with state laws applicable to the investment of local government funds in accordance with the city’s primary investment objectives.
(Ord. 94-38, passed 11-8-94)