3500 Investment of Funds Policy
Policy Details
Policy Name: Investment of Funds
Policy Number: 3500
Applicable Code/Law: RCW 39.60
Policy
In order to preserve and best utilize the fiscal resources of the state, Shoreline College District Number Seven believes strongly that all cash equivalent funds in excess of operational requirements should be invested in such a manner as to provide maximum protection of principal while at the same time providing a reasonable return on investment.
Approvals
Recommended by College Council: N/A
Recommended by Executive Team: N/A
Reviewed/Approved by Board of Trustees: 12/20/85