Investment Policy

The City has an investment policy to establish prudent objectives for the City's investment program and delineate the practices used by the City to invest funds and control portfolio risks.

The authority to manage the City's investment program is derived from Spokane Municipal Code chapter 7.15 which delegates responsibility for the City's investment program to the City Investment Committee.

City Investment Committee

Gavin Cooley, Chairman - (509) 625-6586
Ellen Dolan, CFA, Vice Chairman - (509) 625-6035
Pam Dolan, CPA, Secretary - (509) 625-6034

Broker/Dealer Questionnaire

The City of Spokane has a formalized broker/dealer selection process. This ensures that the City receives adequate coverage and provides an opportunity for new investment dealers to do business with the City. The City maintains an active call list and an inactive list. Periodic review of performance determines if a firm stays on the call list or gets put on the inactive list. If you are interested in becoming an approved broker, fill out a Broker/Dealer Questionnaire. Please have the appropriate people from your firm review the Investment Policy and complete the questionnaire. Upon receipt of the completed questionnaire, your firm will be considered for the call list as need arises.

Bank Questionnaire

The City of Spokane purchases CDs from Washington "Public Depositaries". If you are a Washington Public Depositary Bank and would like an opportunity to do business with the City, fill out a Bank Questionnaire. Please have the appropriate people from your bank review the Investment Policy and complete the questionnaire. Upon receipt of the completed questionnaire, your bank will be called for CD rates as the need arises.