CDA(EXHIBIT) - OTHER REVENUES: INVESTMENTS

Resolution of the BoardRegarding Review of the Investment Program

WHEREAS, Section 2256.005(e) of the Public Funds Investment Act (Texas Government Code Chapter 2256) requires the Board of Trustees of _________________________ School District to (a) review the District's investment policy and investment strategies [set forth in CDA(LOCAL)] not less than annually and (b) adopt this resolution reflecting the Board's review and recording any changes made to the investment policy or strategies;

WHEREAS, the District's investment policy for fiscal year _____ – _____ (current year) has been presented to the Board for its consideration and approval, as required by the Act; and

WHEREAS, the District's investment policy for fiscal year _____ – _____ (current year) includes (choose one of the following to complete this sentence)

no changes from the District's investment policy for fiscal year _____ – _____ (previous year).

OR

the following changes from the District's investment policy for fiscal year _____ – _____ (previous year):

NOW THEREFORE BE IT RESOLVED that the Board of Trustees of _________________ School District has reviewed the District's investment policy, and hereby adopts the policy for fiscal year _____ – _____ (current year) in compliance with the Public Funds Investment Act.

Adopted this ____ (date) day of _______________ (month), _____ (year), by the Board of Trustees.

Harris County Department of Education

CDA(EXHIBIT)-HCDE

LDU

DATE ISSUED: 10/30/2006