DRAFT Revised Investment Procedure
This DRAFT Investment Procedure sets ot the mechanisms to be followed by Council officers to give effect to and ensure compliance with Council's Investment Policy.
AlburyCity’s investment procedure is being updated following approval from the NSW Treasury Corporation (TCorp) to increase the percentage of AlburyCity’s Investment Portfolio that can be invested with each of our locally owned and operated banks, Hume Bank and BankWAW, from 5% per institution to 10% to support the continued growth of our region.
We welcome your feedback on the DRAFT Investment Procedure. Submissions will be received until 5:00 pm Wednesday 26 October 2022 and can be submitted via the form above or addressed to:
Strategy and Performance, PO Box 323 Albury NSW 2640 or firstname.lastname@example.org
Submissions are not confidential. Submissions, summaries of submissions, and/or names and addresses of people making submissions may be included in publicly available reports to Council and Council's website.