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7.01.07 - Cash Management and Investments

Policy Title: Cash Management and Investments


Responsibility: Office of Finance and Business Affairs

Effective Date: 2/27/2002

Revised Date:

Reviewed Date: 

Relates to Procedure(s):

Legal Citation(s):

I. Policy Narrative:

It is the policy of the board of trustees of North Idaho College that all funds not needed for the daily operations of the college should be invested through the Idaho State Treasurer’s Local Government Investment Pool or other investment instruments authorized by Idaho Code Sections 67-1210 and 67-1210A.

North Idaho College shall make and redeem these investments as necessary under the supervision of the vice president for administrative services.