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Board adopts policy for District deposits and invested funds (Resolution 2026‑07)
Summary
Resolution No. 2026-07, establishing a policy for District deposits and invested funds, was adopted unanimously on April 21, 2026 following staff recommendation and Board consideration.
The Board adopted Resolution No. 2026-07, establishing a District policy applicable to deposits and invested funds. Staff presented the recommendation and the Board moved to adopt the policy to formalize how deposits and investments are handled by the District.
Director Andrew Nguyen moved to adopt the resolution and Director Mark Nguyen seconded; the roll-call vote was 5-0 in favor. Director of Finance Gordon Copley participated in the discussion and supported staff's recommendation. The new policy will guide treasury practices and oversight going forward.
