Investments

Policy Number
BP 6320
Policy Category
Chapter 6 - Business and Fiscal Affairs
Adopted
Last Reviewed

The President is responsible for ensuring that the funds that are not required for the immediate needs of Lane Community College are invested.  Investments shall be in accordance with state law.

Investments shall be made based on the following criteria:

  • The preservation of principal shall be of primary importance.
  • The investment program must remain sufficiently flexible to permit the entity to meet all operating requirements.
  • Transactions should be avoided that might impair public confidence.

The President shall make appropriate, periodic reports to the Board of Education and shall keep the Board of Education fully advised regarding the financial status of Lane Community College.
 

Board Policies are adopted by the Lane Community College Board of Education and establish the College’s governing principles and institutional direction. These policies are reviewed by the Board at least every five years or more often as needed. Board Policies are distinct from College Operating Policies and Procedures (COPPS), which provide operational guidance and are developed through governance processes and by responsible managers.