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TDA adopts independent investment policy to manage authority funds
5827658 · September 25, 2025
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Summary
The Tulsa Development Authority adopted its own investment policy on Sept. 25 to prioritize safety, liquidity and then yield and to require quarterly portfolio reporting and third‑party custodial safekeeping.
The Tulsa Development Authority voted on Sept. 25 to adopt an independent investment policy that will govern how the authority manages its public funds. Staff said TDA had previously used the City of Tulsa pooled investment policy and determined it was time to adopt a separate policy tailored to the authority’s reserve needs.
Staff described the policy’s…
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