Agenda Item
Meeting Date: 5/14/2020 - 6:00 PM
Category: Future Action Item(s)
Type: Info
Subject: Resolution to Approve Crowley ISD's Investment Policy
District Goals:
Goal 1
Thriving Students
Goal 2
Engaged Community
Goal 3
Empowered Staff
Enclosure:
File Attachment:
RESOLUTION Investment Policy - May 28 2020.pdf
CDA(LEGAL).pdf
CDA(LOCAL).pdf
Investment Policy Admin Reg 2020 2021.pdf
Summary: In aligning our policies and regulations to the Public Funds Investment Act, we continue to consider safety and preservation of principal as the primary objective.

Our investments are in fully collateralized depository accounts and pools investing in government instruments. In compliance with PFIA, we are presenting for your review our current CDA (Legal), CDA(Local) policies and the Administrative Regulation that accompanies the policies.

The Board of Trustees has previously approved the following pools for investment purposes:
Tex Pool
Lone Star
Texas Class
Tex Star
Logic
Texas Term
Budgetary Impact: The Finance Department is providing the current Administrative Regulation for CDA (Local), along with assurance that the Investment Officer has no conflict of interest in any company with whom Crowley ISD has an investment interest. Attached for your review are our current CDA(Legal) policy, CDA(Local) and the Administrative Regulation that accompanies the policies.
Recommendation: None at this time. This is a future action item.
Approvals:
Recommended By:
Signed By:
Stacey Adrian - Chief Financial Officer
Signed By:
Michael McFarland - Superintendent