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Item 24 - Annual Statement of Investment Policy
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Item 24 - Annual Statement of Investment Policy
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City Clerk
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Agenda Packet
Agency
Clerk of the Council
Item #
24
Date
6/1/2021
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City of Santa Annual Table of Contents July 1, 2021 - <br />Statement of Investment Policy June 30, 2022 <br />TABLE OF CONTENTS <br /> Page <br />Introduction ............................................................................................................................... 1 <br />1.0 Policy .............................................................................................................................. 1 <br />2.0 Scope ............................................................................................................................. 1 <br />3.0 Prudence ........................................................................................................................... 2 <br />4.0 Objectives .......................................................................................................................... 3 <br />5.0 Delegation of Authority .................................................................................................... 6 <br />6.0 Ethics and Conflicts of Interest ........................................................................................ 7 <br />7.0 Authorized Financial Institutions and Qualified Broker-Dealers .......................................... 7 <br />8.0 Authorized and Suitable Investments ...................................................................... 8 <br />9.0 Prohibited Investments and Investment Practices ......................................................... 13 <br />10.0 Investment Pools/Mutual Funds .................................................................................... 15 <br />11.0 Collateral/Security for Deposit of Public Funds .............................................................. 16 <br />12.0 Safekeeping and Custody ............................................................................................. 16 <br />13.0 Diversification ................................................................................................................ 17 <br />14.0 Maximum Maturities ........................................................................................................ 17 <br />15.0 Internal Controls ............................................................................................................ 18 <br />16.0 Performance Standards ................................................................................................ 19 <br />17.0 Reporting ...................................................................................................................... 19 <br />18.0 Policy Considerations ................................................................................................... 20 <br />19.0 Policy Review, Certification, and Adoption ...................................................................... 21 <br />20.0 Appendices and Glossaries ............................................................................................. 21 <br />Appendix I - (Table of Appendices) / California Investment Code Abstracts .................. 23 <br />Appendix II - Local Agency Investment Guidelines / Allowable Investment Guidelines ... i <br /> Appendix III - Glossary of Common Public Local Agency Investment Terms ................. A <br /> Appendix IV - Glossary of Common Public Local Agency Investment Terms ................... I <br /> Appendix V – Broker/Dealer Questionnaire and Certification Form ................................ M
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