Office of the Superintendent of Schools
Office of Finance and Operations
title
Adoption Of Resolution Approving The Revised List Of Approved Brokers/Dealers
body
In accordance with current policy, a list of the brokers/dealers from whom the Houston Independent School District (HISD) purchases investments must be approved by the School Board subject to the recommendation of the superintendent of schools. HISD is permitted to use only brokers/dealers that have completed the Investment Policy Affidavit certifying receipt of the district’s investment policy and the acknowledgment that reasonable procedures and controls are implemented in an effort to preclude imprudent investment activities.
The resolution for approval and the revised list of approved brokers/dealers are attached.
|
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 approving the revised list of approved brokers/dealers, effective June 13, 2025.