Appendix I
Non-Tax Revenue Plan
Appendix A
Financial Policy Investment Policy Policy FN14
2. Amendment This policy shall be reviewed on an annual basis. The Board of Commissioners of the Naperville Park District must approve any changes to this policy. Reporting The Board of Park Commissioners shall receive a monthly report of all investments which reconciles to the investment account in the District’s financial statements. The market value of the portfolio shall be calculated monthly. This will ensure that review of the investment portfolio, in terms of value and price volatility, has been performed. For a managed portfolio, performance data compared to the established benchmark will be reported on a monthly/quarterly basis. The report shall also contain the following: description of each holding, including the par value and issuer; the purchase and maturity dates of each security; rate of interest
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Naperville Park District | 2023 MASTER PLAN
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