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Borger ISD board adopts investment policy and reviews financial reports
Summary
Trustees approved the BISD Investment Policy, strategies, and a report on investments from the past 12 months and heard a review of account balances and financial statements from the business manager.
Trustees approved the BISD Investment Policy, strategies, and a summary of investments made over the previous 12 months on a motion by Mr. Keegan Neill, seconded by Mr. Robert Bradley; the motion carried 6-0. The motion text recorded in the minutes states the board approved the "BISD Investment Policy, Strategies, & Investments of the Previous Twelve Months."
Business Manager Shannon Trenfield then reviewed financial reports for trustees, citing Child Nutrition, TexSTAR and Lone Star accounts, Happy State Bank balances, General Fund revenue and special education expenditures, capital projects expenditures, the travel card report, and tax collections. The board minutes do not record specific dollar amounts in the motion text or the meeting summary.
