Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
DeKalb County Board of Finance approves long-term investment policy allowing up to 25% in 2–5 year investments
Summary
The DeKalb County Board of Finance approved amendments to the county’s investment policy to permit long-term investments of between two and five years, capped at 25% of total invested funds; policy language requires earnings be credited to the originating fund and the long-term policy will expire after four years or at the treasurer’s term end.
The DeKalb County Board of Finance approved changes July 25 that add a long-term investment option for county funds, allowing investments with maturities between two and five years so long as total long-term holdings do not exceed 25% of the county’s invested funds.
A county official presenting the item said the change would permit investments longer than the policy’s current 24-month…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
