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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 Chief Financial Officer shall invest district funds and is responsible for the investment program. The Chief Financial Officer will take necessary actions to ensure the prudent investment of district funds. The Chief Financial Officer shall provide consistent periodic reporting to the President.

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Historic Information

• Reviewed by Executive Leadership Team - August 31, 2020 (requires further review)
• Approved - February 23, 2009
• Campus Review - February 1-22, 2009
• Reviewed by the Cabinet and Leadership Team - November 2008
• Replaces policy 706.2 approved - August 1989