(A) This policy applies to the investment of all funds of the city including, but not limited to, the General Fund, special revenue funds, debt service funds, project funds, enterprise funds and TIF funds.
(B) The city may consolidate fund balances, when allowed by law, to increase investment earnings and to increase efficiencies with regard to investment pricing, banking fees and administration. Investment income will be allocated to the various funds based on their respective participation and in accordance with generally accepted accounting principles.
(Ord. 23-11, passed 6-26-2023)