Every city and county has an investment policy. Even if your finance department has not consciously developed and had it adopted by the city council, any jurisdiction that has investments has an ad hoc policy, which is the result of the individual investment decisions made in the past. The investment instruments that you currently hold have certain maturities, yields, liquidities, safety, etc. However, they may not be what your jurisdiction would choose if it looked at the overall picture. Having an investment policy is not only a good financial practice, it also provides protection for elected officials and staff by spelling out goals and responsibilities.
Sample Investment Policies & Reports
Note: We are in the process of getting newer city and county investment policies. Please send us yours.
- Benton County Investment Policy, May 2010
- Clallam County Investment Policy, June 2003
- Kirkland Investment Policy, July 2012
- Olympia Investment Policy, June 2015
- Port Angeles Investment Policy, December 2011
- Poulsbo Investment Policy, July 2008
- Redmond Investment Policy, October 2008
- GFOA Sample Investment Policy
- APT US&C Investment Policy Certification Program , January 2005, a publication including:
- Application Form for a Written Investment Policy Certification;
- Model Investment Policy;
- Glossary of terms;
- Appendix: Guidelines for an Investment Procedures Manual.
- WMTA Investment Policy Certification Program, 1999. Includes model investment policy