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GFOA Best Practice — Investment Policy <br />Reporting and disclosure standards: Define the frequency <br />of reporting to the governing body and the government's <br />management team: <br />■ In the Board policy, Section XIV requires quarterly reports <br />concerning the investment activities, investment portfolio's and <br />performance to be submitted to the Investment Advisory <br />Committee and placed as an agenda item for the Board of <br />County Commissioners. Other information may be included such <br />as market conditions, economic developments and anticipated <br />investment conditions. In the OPEB policy the same <br />requirements are in Section XIII. <br />GFOA Best Practice — Investment Policy <br />■ In addition, our policies go a step further. They both <br />contain sections covering bid requirements on investments <br />and continuing education. <br />■ Both policies have a section on bid requirements for purchase of <br />investments (Section XII of the Board policy and Section XI of the <br />OPEB policy) and continuing education requirements of 8 hours <br />annually (Section XV of the Board Policy and Section XIV of the <br />OPEB Policy). <br />P 1.7 <br />