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. The Investment Policy was amended to permit investment in Corporate Bonds, as permitted by Government Code 2256.0204.
Attached is a copy of the resolution relating to the approval of the Cash Management and Investment Policy.
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STAFFING IMPLICATIONS: |
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THIS ITEM DOES NOT ESTABLISH, MODIFY, OR DELETE BOARD POLICY.
recommendation
RECOMMENDED: That the School Board adopts the resolution approving the amended HISD Cash Management and Investment Policy, effective June 12, 2026.