Lower Columbia College shall invest funds in a manner which provides maximum security
with the highest investment return, while meeting the daily cash flow demands of the
College and conforming to all state laws governing the investment of public funds.
The VP of Administration or designee shall invest district funds and is responsible
for the investment program. The VP of Administration or designee will take necessary
actions to ensure the prudent investment of district funds. The VP of Administration
or designee shall provide consistent periodic reporting to the President.
Historic Information
- Reviewed - No Changes Needed: October 23, 2024
- Approved: March 16, 2022
- Campus Review: February 22- March 8, 2022
- Reviewed by UMCC: February 15, 2022
- Reviewed by the Governance Council: February 2, 2022
- Reviewed by the Executive Leadership Team: January 26, 2022
- Reviewed - No Changes Needed: August 31, 2020
- Approved: February 23, 2009
- Campus Review: February 1-22, 2009
- Reviewed by the Cabinet and Leadership Team: November, 2008
- Adopted: August, 1989
- Replaces Policy 706.2