MENIFEE – The California Municipal Treasurers Association announced that the city of Menifee was granted its organization’s Investment Policy Certification, representing the highest levels of standards in trust, confidence and verification of a municipal agency’s investment policy.CMTA’s Investment Policy Certification validates that Menifee’s investment policy adheres to California Government Code and meets specific requirements within 18 different topics areas deemed to be best practices for municipal agency investment policies. Those topics include scope, prudence, objective, delegation of authority, ethics and conflicts of interest, authorized financial dealers and institutions, authorized and suitable investments, review of investment portfolio, investment pools/mutual f
