At its regular meeting on Monday, June 16, 2025, the New Fairview City Council unanimously approved a Resolution, adopting the City’s Investment Policy in accordance with the Texas Public Funds Investment Act.
The approved policy establishes the guiding principles and procedures for the management of public funds, ensuring the safety, liquidity, and yield of the City's investments. It reflects best practices for municipal financial stewardship and is reviewed annually for compliance and relevance.
📌 Key Highlights:
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Clear prioritization of safety, liquidity, and yield
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Defined responsibilities for investment officers
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Authorized investment instruments
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Periodic training and reporting requirements
The resolution reinforces the City’s commitment to transparent and responsible fiscal management.
For a copy of the full policy or more information, please contact City Hall or visit our website at www.newfairview.org.