Policy DFA: Revenues from Investments

  In order that the district may realize the maximum from its assets onhand, the School Committee authorizes the treasurer to invest fundbalances which exceed current requirements in investment instrumentssuch as allowed by law, on a maturity schedule which will enable theschool system to meet its current obligations and anticipatedexpenditures.

Region Voted to Approve: 4/29/08
Amherst Voted to Approve: 5/20/08
Pelham Voted to Approve: 6/17/08
Effective Date: 6/17/08