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Board approves DFA policy changes; district to use state treasurer’s model investment policy until local policy is adopted
Springfield R-XII Board of Education · June 24, 2025
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Summary
The board voted to approve policies DFA and DFA‑2, removing DFA‑2 and, per discussion, defaulting to the Missouri State Treasurer’s model investment policy until the district adopts a customized investment policy. Trustees discussed delegation of authority and annual review practices.
The Springfield R‑XII Board of Education approved policies DFA and DFA‑2 after discussion about the district’s investment procedure and who is authorized to execute investment decisions.
Board member Mahad Makani raised pointed questions about DFA‑2’s…
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