Investments - Treasurer

(Please see https://adacounty.id.gov/treasurer for the latest version of this information)

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Investments

Investment Duties & Policies

The Investment Policy of Ada County applies to all operating funds, bond proceeds and other funds which are accounted for in the financial statements of Ada County. The current policy is approved under Resolution No. 1755 and is governed under Idaho Code, Title 57.

Depending on the time of year, the Ada County Treasurer manages an investment portfolio that ranges in value between $140-$220 million dollars. The primary goals of all investment activities involving the financial assets of Ada County are based upon the following order of priority:

Safety of Principal;
Maintain the liquidity necessary to match expected liabilities; and
Obtain a reasonable rate of return.
The Treasurer may invest in instruments approved under Idaho Code which meet maturity and credit quality requirements. When possible, the Treasurer shall diversify the County’s investment portfolio to help eliminate the risk of loss resulting from over concentration.

The Investment Policy is reviewed every two (2) years or more frequently as appropriate.

For more information regarding current investments, a rate of returns or other information, please feel free to give us a call 208-287-6800.