The investment portfolio will be managed in accordance with the parameters specified within this policy. The portfolio should obtain a comparable rate of return during a market/economic environment of stable interest rates. Portfolio performance should be compared to appropriate benchmarks on a minimum quarterly basis.
(1994 Code, § 40.15) (Ord. 99-03, passed 3-22-1999; Ord. 2017-07, passed 12-26-2017)