Review Agenda Item
Meeting Date: 5/27/2021 - 6:00 PM
Category: Consent Agenda
Type: Action
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:
Investment Policy RESOLUTION - May 27 2021.pdf
Investment Policy CDA(LEGAL).pdf
Investment Policy CDA(LOCAL).pdf
Investment Policy Admin Reg 2021 2022.pdf
Summary: In aligning our policies and regulations to the Public Funds Investment Act (PFIA), 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.
Budgetary Impact: The Finance Department is providing the Resolution, along with assurance that the Investment Officer has no conflict of interest in any company with whom Crowley ISD has an investment interest. In compliance with PFIA, we are presenting for your review CISD's current CDA(Legal) policy, CDA(Local) and the Administrative Regulation that accompanies the policies.
Recommendation: Administration recommends approval of the 2021-22 Investment Policy as presented.
Approvals:
Recommended By:
Signed By:
Stacey Adrian - Chief Financial Officer
Signed By:
Michael McFarland - Superintendent
Vote Results: