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Santa Rosa ISD board adds Texas Range Investment Program to authorized investments
Summary
The Santa Rosa ISD Board voted March 30 to add the Texas Range Investment Program to the district's list of authorized investment vehicles for district funds. The motion passed unanimously, following a presentation listed on the Superintendent's reports.
The Santa Rosa Independent School District Board of Trustees voted March 30 to add the Texas Range Investment Program as an authorized investment program for district funds.
The agenda listed the item as part of Superintendent Reports; the motion to add the program was made by Trustee Rachel Olivarez and seconded by Board President Alissa Perez. The transcript records the vote as "All in favor" and the clerk recorded the motion as carrying with the named yes votes in the minutes.
District officials listed the program on the agenda as presented by Edward Contreras. The Board did not record additional discussion in the published minutes accompanying the vote. The action formally expands the set of investment options the district may use when managing short-term or other authorized funds.
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