
County adopts investment policy to manage excess funds
Lazaro Aleman
ECB Publishing, Inc.
At the request of Clerk of Court Trey Hightower, the Jefferson County Commission recently approved by resolution an investment policy that sets the ground rules for the management of the county’s excess funds.
As Hightower explained it to the commission in his request on Thursday, Jan. 23, his office would invest the excess county funds in accordance with the dictates of the investment policy and provide an annual report to the board detailing the investments’ performances.
Hightower underscored his office’s statutory authority to invest the county’s excess funds, adding that after looking at several other clerks’ offices and attending meeti