Treasurer outlines multi-year update to county investment policy after audit-led review

Pinal County Treasurer McCord presented an informational update on the county’s investment policy. McCord said the office has worked with the Auditor General and the county attorney over a three-year period to revise policies in response to concerns raised by a sister county’s poor investment decisions.

The treasurer described the revisions as conforming to best practices and state law and offered to provide the updated policy documents to supervisors for review. McCord emphasized the office’s diligence and offered to supply supporting materials on request.

The item was presented as informational; no vote beyond acceptance of the report was required.