Buffalo Council Votes to Participate in Wyoming CLASS

Buffalo’s City Council has passed Resolution No. 1460, which approves participation in Wyoming CLASS, or the Wyoming Cooperative Liquid Assets Securities System.

Mayor Shane Schrader explained during the last council meeting.

As we reported in an earlier story, CLASS was created to provide state political subdivisions to pool their liquid assets collectively, to generate a high level of current income for the participants while maintaining liquidity and preserving capital by investing only in instruments authorized by Wyoming State Statutes and the Wyoming CLASS Investment Policy.

The Sheridan County Commission also recently voted to participate in the program.