City of Laguna Beach Investment Policy

It is the policy of the City to invest public funds based on compliance with state law and prudent investment practices. The primary goal of the City’s Investment Policy
is to invest in a manner that will provide the maximum security of the principal invested
with a secondary emphasis on providing adequate liquidity and finally to achieve a rate
of return within the parameters of prudent risk management while conforming to all
state statutes and local regulations governing the investment of public funds.

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