Policy 6120 - Investment of Funds
The superintendent and/or designee is authorized to direct and authorize the county or state treasurer to invest district moneys which are not needed for current obligations. Such investments shall be made with the objective of producing the greatest return, consistent with prudent practice.
Legal References:
|
RCW 28A.320.300 |
Investment of funds, including funds received by ESD – Authority – Procedure |
|
RCW 28A.320.320 |
Investment of funds of district not needed for immediate necessities – Service fee |
|
RCW 36.29.020 |
Custodian of moneys investment of funds not required or immediate expenditures, service fee |
|
RCW 43.250 |
Investment of local government funds |
|
WAC 210-01 |
Local Government Investment Pool |
Adoption:
Adopted: April 10, 2001