§ 39.21  SCOPE.
   (A)   This Investment and Deposit Policy applies to all monies of the city administered by the Director of Finance. The city funds subject to this policy are hereinafter referred to as the Active Portfolio.
   (B)   The Director of Finance is authorized to pool cash balances from all funds of the city for investment purposes. All interest earnings will be credited to the general fund of the city; provided however, that the foregoing shall not apply to interest earned on monies derived from contract or trust agreement which might require that interest earned on monies derived from such contract or trust agreement be credited otherwise.
(1974 Code, § 39.21)  (Ord. 9-94, passed 5-2-1994; Am. Ord. 11-19, passed 5-6-2019)