(a) The Fiscal Officer is hereby authorized to invest any funds which she finds to be in excess of the current Village expenditures. The Fiscal Officer is authorized to withdraw these funds when she finds current balances are insufficient to meet the Village expenditures or to reinvest. (Res. 79-17. Passed 8-13-79.)
(b) Interest earned on accounts of deposit owned by the Village shall be paid into the accounts from which the deposit money originally came. The Fiscal Officer is authorized to make periodic transfers of earned interest into said accounts as set forth above.
(Ord. 84-2. Passed 1-9-84.)