Cash Management and Investment Policy

The South Granville Water and Sewer Authority maintains a Cash Management and Investment Policy establishing standards for the responsible administration, safeguarding, and investment of public funds.
The policy outlines procedures for cash receipts, deposits, authorized investments, financial disbursements, and ongoing monitoring of the Authority’s financial resources. It prioritizes the preservation of principal, availability of funds to meet operational obligations, and the achievement of reasonable investment returns. The policy also establishes financial oversight responsibilities, internal controls, and ethical standards to promote accountability, transparency, and compliance with applicable North Carolina General Statutes.