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Board reviews investment policy, adds district accountant as secondary investment officer
5437596 · July 21, 2025
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Summary
Trustees approved the annual investment policy review required by the Public Funds Investment Act and authorized adding the district accountant as a secondary alternate investment officer; staff reported no other policy changes and noted laddered two-year investments yielding about 4.7%.
Magnolia ISD trustees approved the district's annual review of its investment policy and investment strategies and authorized adding the district accountant as an alternate secondary investment officer. Doctor Morris presented the required…
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