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Carson City updates investment policy; Treasurer reports $6.6 million earned across portfolios in 12 months

Carson City Board of Supervisors · January 16, 2025
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Summary

The Carson City Treasurer presented the annual Investment Policy review, reported roughly $6.6 million in interest earnings across city portfolios and proposed wording updates aligning policy language with Nevada Revised Statutes and national best practices.

Carson City's Treasurer delivered the required annual review of the city's Investment Policy, describing modest revisions to align policy language with Nevada Revised Statutes and best-practice guidance from the Government Investment Officers Association (GIOA) and the city's three investment advisors.

Treasurer Rasor said Nevada Revised Statutes (principally chapters in the 355 series)…

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