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Bridge City ISD reports $2.72 million in investment interest for fiscal 2025
Summary
At its March 25 meeting the board reviewed investments held in TexPool, Lone Star Investment Pool, First United Bank and Simmons Bank and recorded total interest earned of $2,722,887.92 for fiscal 2025.
Pursuant to Policy CDA (Local), the board reviewed the district's fiscal-year 2025 investments and the total interest earned. The minutes state: "During the 2025 fiscal year, the District invested funds in TexPool, Lone Star Investment Pool, First United Bank, and Simmons Bank. The total amount of interest earned for fiscal year 2025 was $2,722,887.92." This item was presented as part of the regular meeting informational materials.
The investment review was presented as a first reading of a revised policy during the TASB Policy Review process; trustees discussed the portfolio makeup but no specific transaction or new investment authorization was recorded in these minutes. Because no speaker is explicitly named for this specific summary line in the minutes, the statement is presented here as the meeting record rather than attributed to an individual board member or staff speaker.
