Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Harlingen commission authorizes participation in TexPool Prime investment option
Summary
The Harlingen City Commission unanimously approved joining TexPool Prime, a higher-yield investment option that includes high-grade commercial paper; staff said the fund remains liquid and will allow weekly transfers to manage city cash needs.
The Harlingen City Commission on Nov. 19 authorized the city to participate in TexPool Prime, an investment option city finance staff said offers higher yields by including high-grade commercial paper alongside pool investments.
Robert, the city finance official who explained the proposal, said TexPool Prime “is just a separate investment option within the TexPool investment structure” and that the fund is designed to…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
