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Board approves Treasurer’s investment policies for General Portfolio and LGIP
Summary
The State Board of Finance approved the Treasurer’s investment policies (dated July 2022) for the General Portfolio and Local Government Investment Pool; staff said there were no substantive changes since the prior review.
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The State Board of Finance approved the Treasurer’s investment policies governing the General Portfolio and the Local Government Investment Pool, dated July 2022. Deputy Treasurer Steven Hale presented the policies and told the board there were no substantive changes since the last review.
Member Benjamin Edwards moved to approve the policies; the motion passed unanimously. The approval fulfills the Board’s oversight responsibility under NRS 355.045 and allows the Treasurer’s Office to continue operating investment programs under the reviewed policy framework.
