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Freestone County removes Texas Star from investment policy pending state bill
Summary
Commissioners voted to adopt the county investment policy with an amendment removing Texas Star pending the outcome of a state bill that could require use of the state-monitored pool.
Freestone County commissioners voted to adopt the countyinvestment policy on a motion that removes "Texas Star" as an authorized option pending state action.
The change, approved unanimously during the meeting, follows staff discussion that the county currently lists multiple investment pools but can formally use only those included in the countyinvestment policy.
Speaker 1, a county official, asked during deliberations that the county remove Texas Star from…
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