The State Depository Board, through the director of the Office of Treasury and Fiscal Services, may assist local governments in developing effective cash management policies and in investing funds that are temporarily in excess of operating needs, by:

(1) Explaining investment opportunities provided by the local government investment pool to local governments through publications and other appropriate means;

(2) Informing local governments of the state's practice and experience in investing short-term funds; and

(3) In consultation with the Department of Community Affairs, providing technical assistance in the investment of idle funds to municipalities and counties that request such assistance.