Banking and Investment Policy

Click here to download the PDF for Banking and Investment Policy

The objectives of the investment policy of the municipality are:

  • Preservation of capital / safety of public funds;
  • Maintaining liquidity;
  • Appropriate return on investments and
  • Adherence to legal requirements

The Council is the trustee of the municipal funds, which it collects, and it therefore has an obligation to the community to ensure that the municipality’s cash resources are managed effectively and efficiently.

Click here to download the PDF for Banking and Investment Policy