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36 • REGULARFort Bend County Municipal Utility District #131 (Fort Bend County)

Docket Item 36

Presented in: Board of Directors Regular Meeting - July 22, 2025 on 2025-07-22
Meeting Agenda PDF

Official Roll-Call Vote

Restrains Gov't • 2.8/10 Impact Weight
PASSED (5 - 0)
“Motion to approve Docket Item 36”
JR
Joann Randall
President
YES
JM
Jeanna Maxwell
Director, Place 1 (Place 1)
YES
LS
Leslie Smith-Boards
Director, Place 2 (Place 2)
YES
JJ
Jennifer Jacobs
Director, Place 3 (Place 3)
YES
MH
Michael Higgins
Director, Place 5 (Place 5)
YES

Staff Report & Agenda Item Details

2. For funds not designated for specific planned capital projects, the investment will mature no later than six months after the date of purchase, provided that the District’s Board of Directors may authorize an investment with a longer maturity, but no later than one year after the date of purchase. 15 EXHIBIT A-3 INVESTMENT STRATEGY GENERAL FUND Investment Objective: To purchase investments that will preserve the safety of capital, maximize liquidity, and maximize yield(in that order of priority), taking into account the District’s monthly operating expenses, the timing of such expenses and the maintenance of any operating reserve that may be designated by the District’s Board of Directors. Investment Strategy: To invest in any of the authorized investments listed in Article V of the District’s Investment Policy, provided that:

Bastiat Liberty & Property Rights Analysis

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.8/10). 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.