The District has significant ongoing working capital and reserve cash balances. These funds are invested within the restrictions of the Community Charter and the District's Investment Policy to earn a return for the District.
The District's investment advisors assist with managing investment activity and provide quarterly reports on the performance of the portfolio.
The District's quarterly investment reports consist of:
- an account statement showing the balance of the District's investment in various bank high interest savings accounts and fixed income portfolios
- a performance report of Municipal Finance Authority of BC pooled investment results
For more information, please contact Financial Services.