Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance topic
No spam. Unsubscribe anytime.
Finance director briefs council on quarterly investment report; TexPool use described as "low risk"
Summary
Finance Director Yvonne Griffin presented the quarterly investment report for the period ending Dec. 31, 2025. Mayor Gonzalez said auditors and financial advisors relayed that TexPool is considered low risk and commonly used by Texas municipalities.
Finance Director Yvonne Griffin presented the City of Lytle's quarterly investment report for the period ending Dec. 31, 2025 during the Jan. 26 council meeting. The minutes record the report was discussed with council members; no specific changes to investment policy were recorded in the minutes.
Mayor Ruben Gonzalez relayed information he received from the city's auditors and financial advisors, stating that both conveyed the city's use of TexPool is "low risk" and that many Texas municipalities use that service. The minutes do not record a formal motion or policy change; the item proceeded as a briefing and discussion.
