§ 99357 County Investment Authority

• •The county can invest extra money it has saved or doesn't need right away.
• •The county can only invest in things that are allowed by law.
• •The county cannot invest in a way that breaks any promises made in bond agreements.

A county has extra money saved up that it doesn't need to spend right now.

The county can invest this money in things like safe bonds or property, but it has to follow the rules and not break any promises it made when it borrowed money before.