Policies

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 municipalityโ€™s cash resources are managed effectively and efficiently.

Click here to download the PDF for Banking and Investment Policy