D.02 Investments - October 2006 Revision
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