Investment of Funds Policy

Code:
DFA
Section:
D
Type:
Policy
Status:
active

Policy

Code: DFA

Amity School District 4J

Adopted: 4/11/90 Revised/Readopted: 02/13/02, 03/10/04 03/14/07

Investment of Funds

The Superintendent/Clerk is authorized to invest or reinvest funds which are not immediately needed for operation of the school district. It shall be the policy of the District to place such funds in the State Investment Pool or an appropriate alternative that will comply with state law. The Board of Directors will be informed of significant charges in depository and investment accounts.

END OF POLICY

Legal Reference(s):

ORS 294.033 ORS 294.035 ORS 294.135 (1)(a) ORS 294.155

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Original document

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