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Board adopts investment-policy review, names tax officer and approves district credit cards
Summary
Union Grove ISD trustees unanimously approved a resolution to review investment policy and strategies, designated a Tax Rate Calculation officer for 2024, and authorized district credit cards through Texas Bank and Trust.
The Union Grove ISD Board of Trustees approved several finance-related resolutions Aug. 12. Trustee Tim Bower moved, and Trustee Tim Turner seconded, approval of a resolution to review the district's Investment Policy and Investment Strategies; the board approved the measure unanimously.
Separately, the board adopted a resolution naming a Tax Rate Calculation officer for the 2024 tax year (motion by Tim Bower, seconded by Karey Barbee). The district also authorized obtaining credit cards through Texas Bank and Trust (motion by Tim Turner, seconded by Michael Potter). Each motion carried unanimously.
