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Trustees asked to approve investment resolutions and superintendent membership fees
Summary
Administration recommended approval of the district's annual list of authorized brokers/dealers and authorized providers of investment training under PFIA, and the Superintendent's membership fees for TASA ($1,393.60) and AARO ($7,350.00).
Pete Pape, Ed.D., CPA, Chief Financial Officer, recommended that the Board adopt the annual resolutions required by the Public Funds Investment Act to approve the list of qualified brokers/dealers and authorized providers of investment training; the packet states there are no changes to the previously adopted lists. Separately, Bruce Gearing, Ed.D., requested Board approval of Superintendent membership fees: $1,393.60 for the Texas Association of School Administrators and $7,350.00 for the Austin Area Research Organization.
Administration recommended approval of the investment policy resolution (no changes from the 2023–24 school year) and the membership fees as presented; the packet cited Texas Government Code Chapter 2256 (PFIA) as the relevant authority for the investment resolutions.
