For official copies of board policies and procedures please contact the superintendent's office at (253) 583-5190 or email

Investment of Funds

The superintendent or designee will direct and authorize the county treasurer to invest district moneys which are not needed for current obligations in any district fund. Such investments will be made with the objective of producing the greatest return, consistent with prudent practice.

The superintendent or designee shall make a full report of these investments, including results and proceeds, to the Board of Directors at the next regular meeting after each such investment.


Legal References: RCW 28A.320.300 Investment of funds, including funds received by ESD — Authority — Procedure
28A.320.320 Investment of funds of district — Service fee
36.29.020 Custodian of moneys — Investment of funds not required or immediate expenditures— service fee
Chapter 43.250 RCW Investment of local government funds
Chapter 210-01 WAC Local Government Investment Pool


Adoption Date:  01.10.00

Former Board Policy: 7001

Clover Park School District

Revised:  03.10.75; 05.13.85; 01.14.02; 10.08.12