Office of the Superintendent of Schools
Office of Finance and Operations
title
Adoption Of A Resolution To Designate Investment Officers For The Houston Independent School District
body
The Public Funds Investment Act (PFIA) requires that “each investing entity shall designate, by rule, order, ordinance, or resolution, as appropriate, one or more officers or employees of the state agency, local government, or investment pool as investment officer to be responsible for the investment of its funds consistent with the investment policy adopted by the entity. (Govt. Code 2256.005).”
A copy of the resolution to designate investment officers for the Houston Independent School District is attached. This item is being submitted to meet the requirements of the PFIA.
|
COST/FUNDING SOURCE(S): |
None |
|
|
|
|
STAFFING IMPLICATIONS: |
None |
|
|
|
THIS ITEM DOES NOT ESTABLISH, MODIFY, OR DELETE BOARD POLICY.
recommendation
RECOMMENDED: That the School Board adopts the resolution to designate investment officers for the Houston Independent School District, effective April 17, 2025.