ALIEF ISD reviews $434M in funds, approves investment-policy ordinance and list of qualified brokers

ALIEF ISD trustees received the annual investment review and approved two actions: an ordinance noting the board reviewed its investment policy and strategies, and a list of approved training sources and qualified brokers.

Controller Liz Haven introduced Janae Matthews, who presented the report for the year ended Dec. 31, 2025. "We currently have $434,000,000," Matthews said, explaining that about 95% of those funds are invested in pools because they provide liquidity and competitive yields. She said the pools and other holdings (including government securities tied to QSCAB) are used to preserve principal while earning yield.

Matthews described the district's objectives (preserve capital, maintain liquidity, achieve yield), the mix of cash, pools and securities, and that the three primary pools used are Standard & Poor's A-rated. She presented average yields over the year and noted that some agency notes (QSCAB) are maturing in the 26-27 fiscal year and will roll into pools.

The board voted to approve the ordinance and the list of qualified brokers and training sources. The chair announced the first motion passed with five votes and one abstention; the second motion passed with the same tally.

Trustees asked follow-up questions about investment mix and whether the district might consider higher-risk options to increase yield. Matthews and others said state law (Public Funds Investment Act) and liquidity requirements limit options and that the pools broadly meet the district's cash-flow and safety objectives.

The board did not change policy language at the meeting; it approved the ordinance recognizing its review and the list of brokers as presented.

(Reporting note: figures and quotes drawn from presentation.)