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Bonham ISD adopts annual investment policy (CDA Local)
Summary
The board approved the district investment policy (CDA Local) and accepted recommended investment strategies and packet recommendations. The motion passed unanimously, 5-0.
The Bonham ISD Board of Trustees adopted the district's annual investment policy as required, approving the investment strategies embedded in local policy CDA and the recommendations cited in the meeting packet. The motion was made by Sean Floyd and seconded by Carlous Gilstrap; the minutes record a 5-0 vote.
The minutes reference specific pages in the packet (investments on page 24, recommendations on page 31) as the basis for the action. The board approved the policy as presented; the minutes do not include details of the selected investments, portfolio targets, or reporting schedules beyond the packet citation.
Adoption of the policy fulfills the board's annual requirement to review and approve investment strategies for district funds. The board took this item as part of a series of fiscal agenda items on Oct. 20, 2025.
