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INVESTMENT OF MUNICIPAL FUNDS

68 Pa. D. & C. 2d 744 (1974)

Investment of Municipal Funds

Common Pleas Court of Philadelphia County, Pennsylvania.

October 11, 1974.

PACKEL, Attorney General, October 11, 1974.

Our opinion has been requested with respect to two related questions:

(1) May a municipality combine any of its several accounts for investment purposes?

(2) May one or more municipalities join together for the purpose of enhancing investment opportunities?

You have explained that yields on investments do depend to a very substantial degree on the...

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