Item Coversheet

Item 5.b.


INVESTMENT POLICY

Background

H-GAC is required to maintain an investment policy that is consistent with the Public Funds Investment Act. The policy must identify that the goal of the public investment is (1) a protection of principal and (2) an increase on earnings through allowable investments. The policy is subject to revision as the law changes and the investment landscape changes. 


Current Situation 

The Public Funds Investment Act requires that we annually submit our written policy to our governing body for approval. This policy is being submitted to assure compliance with the act.


Funding Source 

N/A


Budgeted

N/A


Action Requested 

Request approval of H-GAC's Investment Policy. (Staff Contact: Nancy Haussler)


ATTACHMENTS:
DescriptionType
Investment Policy March 2018PDF