My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
07 - City Investment Policy 2023
City-of-Paris
>
City Council
>
Agenda Packets
>
2023
>
01 - JANUARY
>
January 9
>
07 - City Investment Policy 2023
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
1/5/2023 2:59:25 PM
Creation date
1/5/2023 2:53:59 PM
Metadata
Fields
Template:
AGENDA
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
6
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
Item No. 7 <br />Memorandum <br />TO: Mayor, Mayor Pro Tem, & City Council <br />Grayson Path, City Manager <br />FROM: Gene Anderson, Finance Director <br />SUBJECT: CITY INVESTMENT POLICY 2023 <br />DATE: January 9, 2023 <br />BACKGROUND: As required under the Local Government Code Section 2256.005, the City has <br />a written investment policy. The policy serves as a guide regarding investment objectives and <br />strategies. The policy addresses issues such as policy scope, prudence, training, conflicts of <br />interest, suitable investments, collateralization, diversification, and reporting. <br />STATUS OF ISSUE: The investment policy states that annually the City Council will review and <br />re -adopt the investment policy approving any changes. There are no proposed changes to the policy <br />for the 2023 year except for updating the funds covered by the policy. The policy complies with <br />Chapter 2256 of the Local Government Code also known as the Public Funds Investment Act. <br />BUDGET: Not affected by this policy. <br />RECOMMENDATION: Motion to adopt the City investment policy as submitted. <br />
The URL can be used to link to this page
Your browser does not support the video tag.