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Kaufman County court approves annual investment policy update
Summary
The court approved the Kaufman County Investment Policy required by the Texas Public Funds Investment Act, noting updates to staff educational achievements and inclusion of Texas Connect as an authorized pool.
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Kaufman County commissioners approved the county's annual investment policy on March 17 as required under the Texas Public Funds Investment Act.
Speaker 5 presented the updated Kaufman County Investment Policy and said the document includes updates to staff educational achievements and now lists Texas Connect as an authorized pool. After a brief call for questions, the court moved and voted to adopt the policy.
The judge instructed staff to sign the updated policy forms. The approval satisfies the county's annual statutory review requirement; any operational transfers or use of bond proceeds remain administrative tasks for the treasurer and finance staff.
