Lake County Illinois - File #: 12-0265

• File #: 12-0265
• Version: 1
• Name: Joint resolution approving the revised Lake County Investment Policy.
• Type: resolution
• Status: Passed
• File created: 3/2/2012
• In control: Revenue, Records, and Legislation Committee
• Final action: 4/10/2012
• Title: Joint resolution approving the revised Lake County Investment Policy.

Date	Ver.	Action By	Action	Result
4/10/2012	1	Lake County Board	adopted	Pass
3/28/2012	1	Financial & Administrative Committee	recommended for adoption to the consent agenda	Pass
3/28/2012	1	Revenue, Records, and Legislation Committee	approved and referred on to the Financial and Administrative Committee	Pass

Title

Joint resolution approving the revised Lake County Investment Policy.

Staff Summary

•                     The investment policy establishes cash management and investment guidelines for County funds.

•                     Recently, Illinois Statute was modified to allow additional investment opportunities, including: credit unions and additional bonds.

•                     The attached policy has been updated to reflect the modifications to Illinois Statute.