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Board approves annual Statement of Investment Policy for FY 2026–27 (Resolution 2026‑08)

Midway City Sanitary District Board of Directors · April 21, 2026
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Summary

Midway City Sanitary District adopted Resolution No. 2026-08 on April 21, 2026, approving the Annual Statement of Investment Policy for fiscal year July 1, 2026–June 30, 2027; the measure passed unanimously.

At its April 21 meeting the Midway City Sanitary District Board adopted Resolution No. 2026-08 approving the annual Statement of Investment Policy for fiscal year 2026–2027 (July 1, 2026 through June 30, 2027). Staff presented the statement and a summary of recommended practices for Board consideration.

The motion to adopt Resolution 2026-08 was made by Director Andrew Nguyen and seconded by Director Mark Nguyen and carried on a 5-0 roll call vote. Director of Finance Gordon Copley took part in the presentation; the policy will guide permissible investment practices for the fiscal year identified in the resolution.