The document summarizes the annual review and adoption of the City of Alamo Heights' investment policy as required by the Texas Public Funds Investment Act. It discusses the background and requirements of the Act, the strategies included in the investment policy to prioritize safety, minimize risk, and generate yield, and confirms that the 2022 policy is unchanged and complies with the Act. The Finance Director presented the resolution for adoption to meet the annual review requirement.

1. ADMINISTRATION AND
FINANCE
Presented by:
Robert Galindo
Finance Director
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INVESTMENT POLICY ANNUAL
REVIEW AND ADOPTION
ITEM # 5
SEPTEMBER 26, 2022

2. BACKGROUND
The Texas Government Code Chapter 2256, known
as the Public Funds Investment Act (PFIA) establishes
requirements for local governments for managing
investments.
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3. BACKGROUND CONTINUED
The Texas PFIA requires the following:
• Review and adoption of the investment policy and
investment strategy annually
• Designate an investment officer
• Disclose personal/business relationships
• Provide policy for written certification
• Obtain annual audit
• Provide for training
• Provide quarterly reports 3

4. INVESTMENT POLICY STRATEGIES
The investment policy includes strategies to:
• Provide safety of principal
• Minimize risk to the City’s portfolio
• Put money to work
• Add yield but not risk to the portfolio
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5. INVESTMENT POLICY 2022
• There are no changes to the investment policy for
2022.
• Texas Public Funds Investment Act requires the governing
body of an investing entity to review its investment
policy and investment strategies on an annual basis
even if no changes are made.
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6. INVESTMENT POLICY 2022
• The investment policy for the City of Alamo
Heights is in compliance with the Texas
Government Code Chapter 2256, known as the
Public Funds Investment Act (PFIA).
• Reviewed by the Finance Director, City Manager
and CM Savage.
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7. SUMMARY
Resolution complies with the annual review of the
investment policy and adoption of the investment
policy as required by the Texas Public Funds
Investment Act.
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