There shall be a Trust Fund Committee consisting of three members.
Authorities and Responsibilities
The Trust Fund Committee shall make recommendations to the City Treasurer on Northampton's trust fund investments to realize the best possible gain while maintaining a balance between risk and return with the primary objectives of preservation of capital, maintenance of security of trust funds and investments, maximization of total return for each trust fund, efficient disbursement of funds on an equitable basis, and effective collection of all due monies. The committee shall also advise the Treasurer on the other post-employee benefits trust fund.
The Trust Fund Committee is an advisory multiple-member body of the City.