§ 401-59. Investment operating procedures.  


Latest version.
  • The investments of the Town of Barnstable are administered according to an investment program. The program is formulated by the Treasurer. The Treasurer will evaluate the program at least monthly. The investment program is developed by the Treasurer through the following procedures:
    A. 
    Evaluate economic and market analyses.
    B. 
    Forecast available cash for investment.
    C. 
    Formulate and execute strategies concerning:
    (1) 
    Asset mix.
    (2) 
    Investment instruments.
    (3) 
    Maturities.
    (4) 
    Target yields.