NEW GUIDELINES FOR COUNTY INVESTMENTS

THE BERNALILLO COUNTY BOARD OF FINANCE UNANIMOUSLY APPROVES A NEW INVESTMENT POLICY TUESDAY AFTERNOON. THE BOARD'S INVESTMENT SUB-COMMITTEE HAS BEEN WORKING FOR THE PAST 3-MONTHS ON REVISING THE EXISTING INVESTMENT POLICY. THE NEW POLICY ESTABLISHES SPECIFIC GUIDELINES ON HOW THE COUNTY INVESTS TAXPAYER MONEY. THE POLICY IS EFFECTIVE ONCE ITS APPROVED BY THE BOARD AND THE COUNTY TREASURER.