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Meeting Date:
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5/27/2021 - 6:00 PM
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Category:
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Consent Agenda
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Type:
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Action
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Subject:
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Resolution to Approve Crowley ISD's Investment Policy
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District Goals:
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Goal 1 Thriving Students Goal 2 Engaged Community Goal 3 Empowered Staff
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Enclosure
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File Attachment:
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Summary:
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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.
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Budgetary Impact:
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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.
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Recommendation:
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Administration recommends approval of the 2021-22 Investment Policy as presented.
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Approvals:
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Recommended By:
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Signed By:
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Stacey Adrian - Chief Financial Officer
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Signed By:
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Michael McFarland - Superintendent
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