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Council approves quarterly investment report for Oct.–Dec. 2025

Navasota City Council · March 9, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Finance Director Michael Mal presented the city's quarterly investment report, stating the portfolio is in compliance with the Public Funds Investment Act and local policy; the council approved the report by motion.

Finance Director Michael Mal presented the city’s quarterly investment report for Oct. 1–Dec. 31, 2025, saying the portfolio is in compliance with the Public Funds Investment Act and the city's investment policy and recommending approval.

"Our primary objectives remain the same: safety and liquidity and yield of public funds," Mal said, noting this was his first report since promotion to the role. Councilmember Mr. Gestner moved to approve the report; the motion was seconded and approved by voice vote.

Staff said they plan an annual update to the city’s investment policy in the near term and will resume delivering quarterly reports on the regular schedule.

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