In observance of the Independence Day national holiday, all Douglas County Government offices will be closed Friday, July 4. Offices will reopen on Monday, July 7, for normal business. Many County services are available 24/7 by visiting online services. License plate renewal is available online or at kiosks located throughout the County and state.
The primary objectives for investment activities, in priority of order, shall be safety, liquidity, and yield. Investments shall be undertaken in a manner that seeks the preservation of capital in the overall portfolio by limiting both credit risk and interest rate risk. The investment portfolio shall remain sufficiently liquid to meet all operating requirements that may be reasonably anticipated.
Return on investment is of tertiary importance compared to the safety and liquidity objectives as described. Investments are limited to relatively low-risk securities in anticipation of earning a fair return to the risk being assumed.
All investments are made in accordance with the Colorado Revised Statutes, which include the following: C.R.S. § 30-10-708, Deposit of funds in banks and savings and loan associations; C.R.S. § 11-10.5-101, (et seq.), Public Deposit Protection Act; C.R.S. § 24-75-601, (et seq.), Funds-Legal Investments; C.R.S. § 24-75-603, Depositories; and C.R.S. § 24-75-702, Local governments-authority to pool surplus funds.