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Sherman ISD presents annual investment report; interest income rose after 2023 bond issuance
Summary
The district reported its June 30, 2025 investment positions across general, debt‑service and capital‑projects funds, described use of state investment pools and insured cash‑sweep accounts, and attributed higher interest income to increased capital‑project balances after the 2023 bond.
Mandy presented Sherman Independent School District’s annual investment report for the period ending June 30, 2025, summarizing where the district holds funds, recent interest performance and compliance steps required by state law.
The presentation explained that the district keeps its general fund, debt‑service fund and capital projects fund separate and invests across several commonly used investment pools and insured cash sweep…
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