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Union Grove ISD trustees approve resolution to review investment policy
Summary
Trustees unanimously approved a resolution to review the district's Investment Policy and investment strategies as presented at the Aug. 11 meeting.
The Union Grove ISD Board of Trustees approved a resolution on Aug. 11 directing a formal review of the district’s Investment Policy and investment strategies. Trustee Justin Smith moved the resolution and Trustee Michael Potter seconded; the motion passed unanimously.
Board action directs the business office and legal counsel to examine current investment practices and return recommendations to the board. The vote formalizes the district’s periodic review of finance policies required for oversight of local funds.
