Office of the Superintendent of Schools
Office of Finance and Operations
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Annual Investment Report
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The Public Funds Investment Act (PFIA), Government Code Chapter 2256, requires the board-designated investment officers to prepare and submit to the School Board, not less than quarterly, a written report of investment transactions for all funds covered by the PFIA for the preceding reporting period.
Houston Independent School District (HISD) investments are further governed by the board-approved Cash Management and Investment Policy. All investments purchased meet the three basic tenets included in policy: investment safety, investment liquidity, and investment yield. All investments are held to maturity. HISD does not invest on a speculative basis.
The attached investment report for the fiscal year ended June 30, 2025, meets the reporting requirements of the PFIA, Section 2256.023 - Internal Management Reports. The report has been reviewed and signed by the district’s investment officers (chief financial officer, treasurer, and assistant treasurer) who are responsible for all cash management and investment functions.