Review Investment Policy. President Berry recognized Ms. Bacon, who presented to the Board a Resolution Reviewing Investment Policy and Making Any Desirable Changes Thereto (the “Resolution”). Ms. Bacon stated that the District reviews its Investment Policy and updates the list of authorized brokers attached to the policy on an annual basis. She stated that NRF recommends no changes to the policy at this time. Upon motion by Director Robb, seconded by Director Bailey, after full discussion and the question being put to the Board, the Board voted unanimously to approve the Resolution.

Bastiat Liberty & Property Rights Analysis

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 2.3/10). Under the Bastiat Liberty Watchdog Index, measures that increase tax rates or fee schedules, issue new debt or Certificates of Obligation, expand regulatory/zoning restrictions on private land use, or authorize unbudgeted spending expansions reduce an official's Freedom Score when voted YES (and reward dissenting NO votes).