BP 6320: Investments

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

Investments shall be made based on the following criteria:

  • The preservation of the principal shall be of primary importance.
  • The investment program must remain sufficiently flexible to permit the college to meet all reasonably anticipated operating requirements.
  • Investments will be diversified to avoid incurring unreasonable and avoidable risks regarding specific security types, industries, or individual financial institutions.
  • Investments will be managed to maintain a reasonable rate of return throughout budgetary and economic cycles, given the constraints and spirit of this policy.
  • Transactions should be avoided that might impair public confidence.

Adopted: 3/8/06

Revised: 4/20/22

ORS 294.805 to 294.895 (Local Government Investment Pool)