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1. The design and implementation of reliable and effective cash flow forecasting <br />methodologies to assist Finance Department personnel in the determination of the <br />amounts of cash available for investment, the time period for which the funds maybe <br />invested with a reasonable level of confidence, and a measure of the volatility of specific <br />cash forecasts, which will allow viable determination of the required liquidity. <br />2. The design and implementation of appropriate "revenue-acceleration programs", aimed at <br />enhancing the speed at which monies are collected and deposited by the City and the <br />elimination of bad debt expense/write-offs. <br />3. The design and implementation of suitable "controlled disbursement" programs, which <br />will ensure that the City's expenses are met in timely manner, but not in such a way as to <br />jeopardize the earning capacity of the City's portfolio. <br />4. The utilization of modern and efficient techniques and technology for the physical <br />movement of money, taking advantage of technological and operational procedures. <br />5. The design and implementation of banking relationships which are both favorable to the <br />City and responsive to the day-to-day requirements of the City's complex financial <br />operations. <br />6. The design of investment policies and procedures to ensure the total safety of all funds <br />while allowing the City to maximize its interest earnings. <br />7. The design and implementation of appropriate policies and procedures with regard to the <br />proper and effective use of the City's municipal credit authority. <br />XVIII. INVESTMENT POLICY ADOPTION <br />The City's Investment Policy shall be annually reviewed and adopted by resolution of the City <br />Council. Any modifications made thereto must be noted in the Resolution. <br />City of San Marcos Investment Policy Page 8 <br />