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Bandera council adopts annual investment policy required by state law
Summary
The Bandera City Council unanimously adopted the city's annual investment policy (Resolution 2025-030), a routine action required by the Texas Public Funds Investment Act; staff said the policy is unchanged from prior years.
The Bandera City Council on Aug. 26 approved Resolution 2025-030 adopting the city’s annual investment policy, a document that staff said is required under the Texas Public Funds Investment Act and is reviewed with auditors.
Why it matters: The investment policy governs how the city may hold and invest public funds and must be adopted annually under state law; the city's designated investment officer is expected to complete required training.
Details: City staff told the council this is the same policy adopted in prior years and that the city must adopt it annually; staff also said the finance officer will complete the training required by the Public Funds Investment Act. Debbie Green moved to approve the resolution and Brett seconded; the motion passed 4–0.
Ending: The council adopted Resolution 2025-030; staff will complete the required training and maintain records for audit review.
