West Point Looks to Invest
Published 10:00 am Saturday, March 30, 2024
The city of West Point is looking into investing. At Tuesday night’s council meeting, City Manager Ed Moon recommended the city put $10 million in the Georgia Fund 1.
The Georgia Fund 1 is an investment pool managed in trust by the Office of the State Treasurer, in which the money is invested into relatively safe and high-yield investments.
“This is an opportunity to invest some city funds into the GF1. It’s offered by the state of Georgia to counties, municipalities, public colleges and universities boards of education, special districts, state agencies and other authorized entities as a…
