COURSE DESCRIPTION:
The
objectives of public investing incorporate the high fiduciary
responsibility of a public investor and focus on the protection of
principal and the priority of liquidity to meet cash needs as they
occur, but it also requires attention to assuring that these important
assets perform and produce a reasonable yield for the entity to
incrementally supplement tax dollars. This course is built on those
objectives.
This
Public Funds Investment course is designed to educate public officials
in the basics of investing in order to assure that they do have
controls and procedures in place to protect funds. The course is also
designed to assist public officials to build an investment program that
will serve the public entity by building a strong foundation, which is
flexible enough to change with changing conditions internally, as well
as in the market.
There is a basic process to all
investing. The foundation points of that process are explained and
illustrated through this course so that public funds are safe and so
that public investors can benefit from the markets available to them in
order to gain incremental income.
The process of investing is:
· determine cash flow needs
· determine risk tolerance levels
· authorized and appropriate securities for investment purposes
· create a policy framework of risk parameters
· develop an overall strategy
· establish procedures and controls
· understand market forces influencing your decision
· structure a portfolio
· monitor and report on portfolio to assure compliance with your objectives
Each
of these building blocks has been covered in this training. The
training examines and explains investment controls, security risks,
strategy risks, market risks, the need for diversification of
investment portfolio, and compliance elements of state law. The
course should assist the public investor to recognize risks and to
build structures and procedures to manage those risks. Working from
cash flow analysis and policy development to key elements of the most
often utilized securities, the investor should be able to fashion a
safe and productive process for their public funds.
Available Courses 
