Policy 7520 - Investments

The Kimberly Board of Trustees’s may invest any money coming into the hands of the district in investments as permitted by Section 67-1210, Idaho Code, pertaining to the investment of idle monies. Unless otherwise provided by law, any interest or profit accrued from the investment of any funds shall be credited to the Maintenance and Operations Fund of the district.

Legal References:
Idaho Code Sections 33-701; 33-901; 67-1210.

Policy History:
First Reading: April 27, 2004
Adopted on: September 16, 2004