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Meeting Date:	02/28/2022
Addendum to Webb County’s 2021-2022 Investment Policy
Submitted for:	Jeronimo Martinez	Submitted By:	Jeronimo Martinez
Department:	Treasurer

Subject:

Discussion and possible action to approve the addendum to the 2021- 2022 Investment Policy.

Issue: Definition of Bonds and Bond types to be added to section 4.02 as previously approved by Commissioners Court on April 26, 2021 to be Authorized Investments. Also adding guidance on the ratings of these investments along with updated maximum investment maturities.

Solution: By approval of this addendum, it will allow Webb County to further diversify its portfolio and mitigate any potential risk.

Result: Webb County’s Investment Policy will be updated to include the stated revisions.

Background:

n/a

Previous Court Action:

Fiscal Impact

Budget Account Number:	n/a
Funding Source:	n/a
Balance:	n/a
Financial Impact:
n/a

Attachments
Webb County Investment Policy