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Red Oak ISD board adopts annual investment report and list of qualified brokers
Summary
The board adopted the district's Annual Investment Report and approved the recommended list of qualified brokers as presented on page 41. The motion passed 6–0.
The Red Oak Independent School District Board of Trustees adopted the Annual Investment Report at its Oct. 21 meeting and approved the recommended list of qualified brokers included in the report.
Dr. Bill Johnston, CPA and the district’s Chief Financial Officer, presented the report. Johnny Knight moved to adopt the list of qualified brokers as presented on page 41 of the Annual Investment Report; John Anderson seconded the motion. The motion passed 6–0.
The minutes do not list the individual broker names in the board summary; the report itself (referenced on page 41) contains the nominated brokers and investment details. The board did not record additional discussion in the minutes.
