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Brookshire council adopts annual investment policy (Resolution 1509)
Summary
Council adopted Resolution 1509 to approve Brookshire's investment policy; staff said the policy must be reviewed annually and the adoption was treated as a routine housekeeping item.
The Brookshire City Council voted May 7 to adopt Resolution 1509, approving the city's investment policy. Staff told council the policy has not been updated since 2022 and that annual review and adoption are required by law; council treated the action as a routine housekeeping matter and approved the resolution by voice vote with no opposition recorded.
Council did not change policy language at the meeting. The resolution directs staff to maintain the investment policy review annually going forward.
