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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.

 

Historic Information:

• Replaces policy 706.2 approved - August 1989
• Reviewed by the Cabinet and Leadership Team - November 2008
• Campus Review - February 1-22, 2009
• Approved - February 23, 2009

 

Resource/Reference/Procedure	Title	Unit Responsibility
		VP of Administration