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Montgomery ISD board approves investment policy, calendar and district purchases; access agreement with church authorized
Summary
At its Jan. 20 meeting, the MONTGOMERY ISD Board of Trustees adopted the annual investment policy, approved the recommended 2026–27 academic calendar, and approved purchases including $617,083.17 in federal child nutrition serving-line equipment and $67,000 in bond-funded marquee replacements; the board also authorized an access agreement with Hope Church allowing a shared driveway.
The MONTGOMERY ISD Board of Trustees on Jan. 20 adopted several routine financial and facilities measures, including the district’s annual investment policy and the recommended 2026–27 academic calendar, and approved multiple purchases and an access agreement with a local church.
In a unanimous voice vote, trustees approved the district’s investment policy as presented. Finance staff told the board the policy is governed by the Texas Public Funds Investment Act and prioritizes liquidity and the safety of public funds over yield. The staff presentation said the district currently uses a local bank (Woodforest), participates in investment pools (TexasRange, TexPool/Texas-Class), and is earning about 3.8% interest; the only…
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