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Votes at a glance: Plano ISD board approves investment policy, nominations and policy change on first reading
Summary
At its Oct. 7 meeting the Plano ISD Board unanimously approved the district's annual investment policy and training-provider list, confirmed two consent resolutions honoring HR and principals, nominated a candidate to the Collin Central Appraisal District board, and approved policy CH (local) on first reading as updated under state law.
The Plano Independent School District Board of Trustees at its Oct. 7 meeting approved several routine and governance items in unanimous votes.
Investment policy and annual report: The board adopted a resolution approving the districts investment policy, strategy, a roster of approved investment training providers and a list of investment brokers and dealers required under the Public Funds Investment Act. Courtney Reeves, the districts chief financial officer, presented the annual investment report showing an average yield to maturity of 4.117% for the fiscal year ending June 30 and interest income of roughly $58.5 million. Reeves and staff noted the districts priority ordering: preservation of principal, liquidity, then yield. The motion to adopt the resolution was made by Vice President Nancy Humphrey and seconded by Secretary Tara Lance; vote 7-0.
Consent agenda: Trustees approved the consent agenda (motion by Sam Johnson; second by Katherine Goodwin), 7-0. The consent agenda included two resolutions recognizing the Human Resources Department for Texas Education Human Resources Day (Oct. 8) and declaring October 2025 as National Principals Month, and routine consent items listed in the agenda packet.
Collin Central Appraisal District nominations: The board nominated Doug Bender for the Collin Central Appraisal District Board of Directors (motion by Sam Johnson, seconded by Catherine Goodwin) and then voted to cease the nomination process (motion by Lisa Klein, second by Catherine Goodwin). A separate resolution formalizing the districts nomination of Doug Bender was approved (motion by Sam Johnson, seconded by Elisa Klein). All votes were 7-0.
Policy CH (local) first reading: The board approved policy CH (local) "Purchasing and Acquisition" on first reading, updating the best-value procurement threshold from $50,000 to $100,000 to align with SB 1173 and recent statutory changes. Secretary Tara Lance moved approval; Trustee Catherine Goodwin seconded. Vote 7-0.
Votes and procedure notes: All motions passed unanimously with recorded show-of-hands votes of 7-0. Several items were presented for information earlier in the meeting (enrollment and math-pathway reports) and will receive further monitoring and updates.
