Financial Policy Examples - Investments

This page provides examples of investment policies, links to GFOA Best Practices that were referenced in Chapter 12 of GFOA’s book Financial Policies, and a link to the model investment policy of the Association of Public Treasurers of the United States and Canada (APT US&C).

Policy Examples

Yellow highlights may have been added to some policies to help you locate relevant material.

The City of University Park, Texas (pop. 25,000)

City of Arden Hills, Minnesota (pop. 10,000) 

City of Boulder, Colorado investment policy (pop. 100,000) 

City of Boulder staff guidelines for investments (pop. 100,000) 

City of Warwick, Rhode Island (pop. 85,000) 

City of Bellevue, Washington (pop. 127,000) 

West Virginia Board of Treasury Investments (pop. 1,855,000)

GFOA Best Practices

Selection and On-Going Review of Investment Advisors for Non-Pension Fund Investment 

Collateralizing Public Deposits 

Mark-to-Market Reporting Practices for State and Local Government Investment Portfolios 

Diversification of Investments in a Portfolio 

Creating an Investment Policy 

Association of Public Treasurers Model Investment Policy 

The policy appears at the end of the application document below

APTC US&C Investment Policy Certification Program