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Town of Aurora | Town Board Meeting | January 12, 2026 BOARD LIAISONS The Supervisor appoints the following Town Board Liaison assignments for 2026: VILLAGE CONTRACTS Water, Police & Dog Snyder Wochensky Disaster Preparedness, Fire, Ambulance, Alarm Snyder McCann TOWN SERVICES Budget & Finance Snyder Armbrust Personnel Snyder Wochensky Insurance & Bonding Snyder McCann Assessing Wochensky Wrazen Building, Grounds, Handicapped Wrazen Wochensky Building Codes & Zoning Enforcement Snyder Wochensky Rubbish & Recycling Wrazen Armbrust Water & Sewer Districts Wrazen Armbrust Library Armbrust McCann Highway & Street Lighting Wochensky Wrazen Recreation, Parks & Senior Citizens Armbrust McCann Planning Board & Conservation Snyder Wrazen Zoning Board of Appeals McCann Wrazen Boys & Girls Club Armbrust McCann INVESTMENT POLICY Adopted 03/12/2018 Action #74 Amended 01/12/2026 Action # TOWN OF AURORA INVESTMENT POLICY I. SCOPE This investment policy applies to all moneys and other financial resources available for deposit and investment by the Town of Aurora on its own behalf or on behalf of any other entity or individual. II. OBJECTIVES The primary objectives of the local government’s investment activities are, in priority order: • To conform with all applicable federal, state and other legal requirements (legality); • To adequately safeguard principal (safety); • To provide sufficient liquidity to meet all operating requirements (liquidity) and • To obtain a reasonable rate of return (yield). III. DELEGATION OF AUTHORITY The governing board’s responsibility for administration of the investment program is delegated to the Town Supervisor, who shall establish written procedures for the operation of the investment program consistent with these investment policies. Such procedures shall include internal controls to provide a satisfactory level of accountability based upon records incorporating the description and amounts of investments, the fund(s) for which they are held, the place(s) where kept, and other relevant information, including dates of sale or other dispositions and amounts realized. In addition, the internal control procedures shall describe the responsibilities and levels of authority for key individuals involved in the investment program. IV. PRUDENCE All participants in the investment process shall seek to act responsibly as custodians of the public trust and shall avoid any transaction that might impair public confidence in the Town of Aurora to govern effectively. Investments shall be made with prudence, diligence, skill, judgment and care, under circumstances then prevailing, which knowledgeable and prudent persons acting in like capacity would use, not for speculation, but for investment, considering the safety of the principal as well as the probable income to be derived. All participants involved in the investment process shall refrain from personal business activity that could conflict with proper execution of the investment program or which could impair their ability to make impartial investment decisions. V. DIVERSIFICATION It is the policy of the Town of Aurora to diversify its deposits and investments by financial institution, by investment instrument, and by maturity scheduling. 6