Reference Materials
Public Funds Investment Act of the State of Illinois (30 ILCS 235/1)
Local Government Debt Reform Act (30 ILCS 350/)
Public Funds Deposit Act (30 ILCS 225/)
Diversification Mitigates Risk
Using Commercial Paper in Investment Portfolios
GFOA Template Investment Policy
Cash Flow Forecasting White Paper
How Cash Flow Forecasting Helps with Investing
Tools
GFOA Best Practices/Advisories
GFOA Best Practices identify specific policies and procedures that contribute to improved government management. They aim to promote and facilitate positive change or recognize excellence rather than merely to codify current accepted practice. GFOA has emphasized that these practices be proactive steps that a government should be taking. Best practices are applicable to all governments (both large and small). Best practices are approved by the GFOA executive board and represent the official position of the organization.
GFOA Advisories identify specific policies and procedures necessary to minimize a government’s exposure to potential loss in connection with its financial management activities. For many advisories, GFOA will be providing specific recommendations on how to avoid risk or loss, either proactively or retroactively, in response to current events or trends. Advisories are approved by the GFOA executive board and represent the official position of the organization.
Association of Public Treasurers of the US and Canada
APT US&C offers educational and certification opportunities to public sector treasury and investment professionals, including various ongoing accreditations such as the Certified Public Finance Administrator (CPFA) and the Certified Public Funds Investment Manager (CPFIM). APT US&C also provides certifications for organizations, not individuals. APT US&C certifies investment, debt, cash handling and disaster preparedness policies.
APT US&C policy certifications Going through a disciplined process to create your policies, and then having them reviewed and certified may show stakeholders that your organization is prepared and that you have policies in place that have received a national stamp of approval.
Recent News
In this month's newsletter, you can see the conferences and events IMET will be participating in over the next few months, learn about DebtBook and how you can take part in their webinar discussing their services on May 17th, read about additional services IMET offers participants, review the latest economic update, and view the performance report for April 2023.
Read moreIn this month's newsletter, you can see the overview on the IMET Annual Participant Meeting that took place on March 21st at the NIU Conference Center in Naperville, read about the additional services IMET offers participants, review the latest economic update, and view the performance report for March 2023
Read moreIn this month's newsletter, you will get a reminder to register for the IMET Annual Participant Meeting happening March 21st at the NIU Conference Center in Naperville, read Sofia's perspective on inflation in Sofia's Spot, and get an economic update and a performance overview for February for IMET funds.
Read moreIn this month's monthly newsletter, you will learn about and be able to register for the IMET Annual Participant Meeting happening March 21st in Naperville, learn about the Arbitrage Rebate Calculation webinar presented by Ice Miller on February 22nd at 10am CST, read about IMET Funds Performance, see all the upcoming events IMET will be participating in the coming months, review the latest economic update, and view the performance report for January 2023.
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