The city of Santa Clarita received its 23rd consecutive Finance Award this week, according to Santa Clarita’s Administrative Services.
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Santa Clarita received an Investment Policy Certificate of Excellence Award from the Association of Public Treasurers of the United States and Canada for its Fiscal Year 2017-18 Investment Policy.
This year marks the 23rd consecutive year Santa Clarita has received the nationally recognized Certificate of Excellence Award from the Association of Public Treasurers of the United States and Canada for its success in developing a comprehensive written investment policy, according to Santa Clarita’s Administrative Services.
Do you have a news tip? Call us at (661) 298-1220, or drop us a line at community@hometownstation.com.In order to receive certification, investment policies must be carefully reviewed by the association’s Investment Policy Certification Committee.
For a policy to receive certification, it must be approved by all reviewers on the Investment Policy Certification Committee on 18 areas spelled out in the Model Investment Policy, some of which include the policy’s scope, delegation of authority, ethics and conflicts of interest, the Administrative Services adds.
For more information about the Investment Policy Certificate of Excellence Award, contact Cindy Valdivia of the City’s Administrative Services department at cvaldivia@santa-clarita.com or by phone at (661) 295-6301.