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Brown County appoints David as investment officer and updates investment policy
Summary
Following the announced retirement of the county's investment officer, the court appointed David to the post (effective upon the incumbent's retirement) and reviewed edits to the county's investment policy, including an option to open an indigent defense certificate of deposit and removal of an option to invest in tech schools.
Brown County's Commissioners Court addressed a vacancy in its investment office and a set of modest edits to the county's investment policy during its Dec. 15 meeting.
The vacancy arises after the announced retirement of Ms. Carcoon at the end of the month. Citing the Texas Public Funds Investment Act, a court member noted that the commissioners must appoint someone to fill the position. A county employee who…
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