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Benbrook council unanimously accepts finance and investment reports, adopts investment policy and approves $1.25M transfer for municipal complex
Summary
At its Nov. 6 meeting the Benbrook City Council unanimously accepted the fiscal year-end finance report and the quarterly investment report, adopted the administrative investment policy (F-5) with no changes, and approved a $1,246,329 year-end accounting transfer from the general fund to the municipal complex fund to align project accounting.
The Benbrook City Council on Nov. 6 unanimously approved several finance and administrative items: acceptance of the fiscal year-end finance report for the period ending Sept. 30, 2025 (G2720); acceptance of the quarterly investment report for the period ending Sept. 30, 2025 (G2721); adoption of the city's administrative investment regulation F-5 with no proposed changes (G2722); and approval of a year-end transfer of $1,246,329 from the general fund to the municipal complex fund to align…
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