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Peaster ISD adopts investment policy in compliance with Texas Public Funds Investment Act

Peaster Independent School District Board of Trustees · March 23, 2026
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Summary

Trustees adopted the annual District Investment Policy and Investment Strategies in accordance with the Texas Government Code Chapter 2256 (Public Funds Investment Act); the motion passed 7–0.

Secretary Justin McKinley moved to approve the annual review and adoption of the District Investment Policy and Investment Strategies to comply with the Public Funds Investment Act (Texas Government Code Chapter 2256); Mandy Cross seconded the motion and the board approved it 7–0.

Adoption of the policy records the board's annual review of investment strategies as required by state law. The minutes do not include the specific strategy details; business staff are responsible for maintaining the investment strategy documentation and reporting investment activity to the board per statutory requirements.

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