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Treasurer presents April report; commissioners press for clearer handling of investment interest and Jackson Memorial fund
Summary
County Treasurer Christina Moose presented the April financial and investment report; commissioners questioned why pooled-investment interest has been deposited into the general fund checking instead of remaining invested (Texas CLASS/Texas Pool) and asked for clarification on permitted uses of the Jackson Memorial fund.
County Treasurer Christina Moose presented the April 2026 financial report, including account balances, investment positions in Texas Pool and Texas CLASS, and outstanding debt. Commissioners focused questions on the county’s practice of depositing pooled-investment interest into the general fund checking account rather than keeping it invested to earn higher returns.
A commissioner asked whether interest earns more if left in Texas CLASS rather than being swept into the general checking account; the treasurer said historical practice and budget treatment had resulted in deposits to the general fund but that she will research whether interest accounting can be changed and report back. Commissioners requested a review of the mechanics and any budgetary reasons for the practice.
Separately, commissioners asked about the Jackson Memorial fund and its authorized uses; the treasurer said she would research the original restrictions and report back with how the account has been used and whether the county has obligations associated with the fund.
The court then approved the April treasurer’s report.
