Public Funds Investment Report Q2 FY 2024-25 – Kelley Cochran, PFI Officer –
Official Roll-Call Vote
Staff Report & Agenda Item Details
Public Funds Investment Report Q2 FY 2024-25 – Kelley Cochran, PFI Officer – In accordance with PFIA and GCGCD Public Funds Investment Policy, Ms. Cochran submitted the FY 2024-2025 Q2 report, with a statement of compliance, WAM, monthly TexPool statement, and TexPool newsletter listing the book and market value of each investment. The fully accrued TexPool interest for the period totaled $4,458.99 for the month of March 2025; $12,873.82 for the end of Q2 (January -March 2025). Ms. Cochran announced she will be registering to take the required reaccreditation public funds training which will be offered by TAGD at their June membership meeting. Motion to approve the PFI Report by Bill Jones. Second by Mark Gustafson. Motion passed.
Bastiat Liberty & Property Rights Analysis
This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 2.5/10). 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).