Office of the Superintendent of Schools
Office of Finance and Operations
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Annual Review And Adoption Of Investment Policy And Strategies
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In accordance with the Public Funds Investment Act (PFIA), the School Board must review and adopt by resolution, not less than annually, the district’s Cash Management and Investment Policy and strategies. The PFIA requires the review and approval of any changes to the investment policy and strategies by the governing body of a governmental entity.
A comprehensive review of the Houston Independent School District (HISD) Cash Management and Investment Policy was performed to ensure all required components of the PFIA are included. No revisions are proposed as the policy currently meets legal requirements and best practices.
Attached is a copy of the resolution relating to the approval of the Cash Management and Investment Policy.
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COST/FUNDING SOURCE(S): |
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STAFFING IMPLICATIONS: |
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THIS ITEM DOES NOT ESTABLISH, MODIFY, OR DELETE BOARD POLICY.
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RECOMMENDED: That the School Board adopts the resolution approving the HISD Cash Management and Investment Policy, effective May 9, 2025.