Dollars and sense

Saratoga Town Council listens to proposal from Wyoming CLASS, potential new investment group for public funds

At the August 6 Saratoga Town Council meeting, members of the governing body learned about a potential new investment vehicle for the Town.

Troy Hunsucker from Wyoming CLASS, an investment solution for public funds, gave a presentation on a local government investment pool which gives an opportunity for a higher rate of return on town investments.

Municipalities utilize investment opportunities to maximize a rate of return on varying funds while still under the umbrella of all state and federal laws.

According to Treasurer Corina Daley, the town has fifteen investment funds with WyoSTAR: Local...

 

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