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Agenda Item # 12.
Board of Directors Meeting
AACOG Investment Policy
AGENDA ITEM DESCRIPTION:
Consider and act upon the recommendation from the Chief Financial Officer to approve the existing AACOG Investment Policy for 2018. There are no changes recommended to the 2017 Board approved Investment Policy. - John Clamp
The Public Funds Investment Act (PFIA) requires that AACOG’s investment policy and investment strategies be reviewed on an annual basis to ensure the policy is in conformance with the PFIA and AACOG policy.
AACOG’s Investment Policy was last reviewed and approved on December 7, 2016.
There are no recommended changes to the current investment policy. The 2017 Texas Legislative Session did not have any substantive changes to the PIFA.
There is no financial impact.
The CFO recommends approval of the AACOG’s Investment Policy. If you have any questions, please contact John Clamp at firstname.lastname@example.org or (210) 362-5208.
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