The intent of this subchapter (“policy”) of the County Treasurer is to define the parameters within which funds are to be managed. In methods, procedures and practices, the policy formalizes the framework for the county’s investment activities that must be exercised to ensure effective and judicious fiscal and investment management of the county’s funds. The guidelines are intended to be broad enough to allow the investment officer to function properly within the parameters of responsibility and authority, yet specific enough to adequately safeguard the investment assets. The county shall comply with the state’s Money Management Act, being UCA Title 51, Ch. 7. Any revisions or extensions of these sections of the state’s Money Management Act will be assumed to be part of this policy immediately upon being enacted.
(Ord. 2021-04, passed 1-19-2021)