5 • UTILITY_DISTRICTBammel Utility District (Harris County)

ANNUAL REVIEW OF INVESTMENT POLICIES The

Presented in: Bammel Utility District Board of Directors - March 11, 2024 on 2024-03-11

Official Roll-Call Vote

Restrains Gov't • 2.4/10 Impact Weight

PASSED (4 - 0)

“ANNUAL REVIEW OF INVESTMENT POLICIES The board conducted an annual review of the District's investment policies and investment strategies. The District's investment officer and auditor are not recommending any revisions. After discussion, upon motion by Mr. Whisler, seconded by Mr. Armand, and unanimously carried, the board adopted the attached Resolution Reviewing Investment Policy and Investment”

Bryan Pershall

Director, Place 3

YES

Nicholas Fava

Director, Place 4

YES

James Armand

Director, Place 5

YES

Jon Whisler

Director, Place 1

YES

Staff Report & Agenda Item Details

ANNUAL REVIEW OF INVESTMENT POLICIES The board conducted an annual review of the District's investment policies and investment strategies. The District's investment officer and auditor are not recommending any revisions. After discussion, upon motion by Mr. Whisler, seconded by Mr. Armand, and unanimously carried, the board adopted the attached Resolution Reviewing Investment Policy and Investment Strategies.

Bastiat Liberty & Property Rights Analysis

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.4/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.