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Annual review of financial and administrative matters, including: a. Investment Policy and adoption of Resolution Regarding Annual Review of Investment Policy; b. Resolution Establishing the Authorized Depository Institutions and Adopting List of Qualifie
Presented in: Arcola Municipal Management District #1 Board Meeting - 2023-09-13 on 2023-09-13
Official Roll-Call Vote
Restrains Gov't • 4.4/10 Impact Weight
PASSED (5 - 0)
“Motion to approve Annual review of financial and administrative matters, including: a. Investment Policy and adoption of Resolution Regarding Annual Review of Investment Policy; b. Resolution Establishing the Authorized Depository Institutions and Adopting List of Qualifie”
LF
Len Franklin
Director, Place 3
YES
DR
Donyelle Robinson
Director, Place 4
YES
BC
Brian Cokes
Director, Place 5
YES
ME
Mary Ewing
Director, Place 1
YES
CB
Carrie Bond
Director, Place 2
YES
Staff Report & Agenda Item Details
Annual review of financial and administrative matters, including: a. Investment Policy and adoption of Resolution Regarding Annual Review of Investment Policy; b. Resolution Establishing the Authorized Depository Institutions and Adopting List of Qualified Broker/Dealers with Whom the District May Engage in Investment Transactions; and c. Records Management Policy.
Bastiat Liberty & Property Rights Analysis
This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 4.4/10). 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.