PSJA board extends district depository contract for two-year term through 2027
The board approved a resolution extending the district depository contract for two years (2025–2027), designating investment officers and approving independent training sources and a qualified broker/dealer list in compliance with the Texas Public Funds Investment Act (Gov. Code Ch. 2256).
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The Pharr-San Juan-Alamo Board of Education approved a resolution June 26 to extend the district's depository contract for the 2025–2026 and 2026–2027 fiscal years. Assistant Superintendent for Finance Rebecca Gonzales reviewed statutory requirements under the Texas Public Funds Investment Act (Government Code Ch. 2256), and the resolution designates the Assistant Superintendent for Finance, the Finance Director and the Finance Coordinator as the district's investment officers and lists approved independent training providers.
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