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D.02 Investments - October 2006 Revision

Note: This policy was revised in August 2011. We provide this revision for historic purposes only. Please refer to the current policy.

The Board of Education considers an investment program a critical ingredient of sound fiscal management. The Board authorizes the administration to engage in an investment program for the purpose of securing a maximum yield of investment earning to supplement other revenues for the support of the District.

Legal Ref.: 22-8-40 NMSA 1978 (1986 Repl.) Directive 86-7, State Board of Finance (April 29, 1985)

NSBA/NEPN Classification: DFA

Approved: April 23, 1990
Revised: February 20, 1996
Revised: April 2001
Revised: October 2006

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