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Levelland adopts annual investment policy; committee membership adjusted
Summary
Council reviewed and adopted the City of Levelland Investment Policy (Resolution 2025-16), moving the City Attorney off the Investment Committee and adding the assistant city manager and a council member.
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Council reviewed and adopted Resolution No. 2025-16, the City of Levelland Investment Policy, which sets objectives of safety, liquidity, yield and public trust for management of public funds and documents investment strategies for operating funds, debt service funds, reserve funds and special project portfolios.
Minutes record a procedural change: the City Attorney was removed from the Investment Committee and the assistant city manager and a council member were added. The motion to approve the resolution was made by Michael Stueart, seconded by Max Ledesma, and carried unanimously.
