INVESTMENT OF PUBLIC
All funds on deposit with the Treasurer are invested with the goal
in mind of maximizing funds while they are not needed for immediate
expenditure. All funds are invested according to state statutes
and the Skagit County Investment Policy in a manner that seeks to
preserve capital and ensure protection of investment principal,
allow adequate liquidity and achieve the highest investment return
consistent with the primary objectives of safety and liquidity.
are invested in a diversified portfolio of securities in order to
reduce overall risk while attaining market average rates of return.
No investment purchases are made outside the State of Washington.
Skagit County utilizes the services of a third-party custodian who
holds investment documents while they are invested, with the exception
of CDs and transactions with the Washington State Local Government
Investment Pool.Skagit County utilizes a short list of broker/dealers,
who must qualify to bid through a selection process.
CURRENT INVESTMENT BREAKDOWN
Investments as of 11/15/18