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Quinlan ISD investment report shows March interest of $185,257 and yields near 4.5%

Quinlan Independent School District Board of Trustees · April 21, 2025
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Summary

Business staff reported March investment earnings of $185,257 and year-to-date investment earnings of $1,750,937; reported yields were TexPool 4.4700% and Lonestar 4.4900%.

During the April 21 meeting, Rebecca Pfeil gave the district's monthly investment report. She reported monthly interest earned in March 2025 of $185,257.00 and budget year-to-date earnings of $1,750,937.00.

The reported interest rates for the month were 4.4700% for TexPool and 4.4900% for Lonestar. The board received the report as part of routine financial oversight; no vote was recorded for the investment report itself.