Office of the Superintendent of Schools
Office of Finance and Operations
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Investment Report
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The Public Funds Investment Act (PFIA), Government Code Chapter 2256, requires the board-designated investment officers 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.
The board-approved Cash Management and Investment Policy further governs Houston Independent School District (HISD) investments. 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 quarter ended March 31, 2024, meets the reporting requirements of the PFIA, Section 2256.023 - Internal Management Reports. The report has been reviewed and signed by the chief financial officer, the deputy chief financial officer, and treasurer, who are responsible for the day-to-day management of HISD’s cash and investment position.