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CITY OF HASLET
INVESTMENT POLICY

November 17, 2014

I. INTRODUCTION

The purpose of this document is to set forth specific investment policy and strategy
guidelines for the City of Haslet (City) in order to achieve the goals of safety of principal,
liquidity, yield, diversity and public trust for all investment activity. The City shall invest
its funds under its control in accordance with this policy. This policy serves to satisfy
the statutory requirement (specifically the Public Funds Investment Act, Chapter 2256,
Texas Government Code) to define, adopt and review a formal investment strategy and
policy.

II. SCOPE

This investment policy applies to all financial assets and funds of the City. These funds
are accounted for in the City’s Comprehensive Annual Financial Report (CAFR) and
include:

General Fund Municipal Court Building Security Fund
Water & Sewer Fund Municipal Court Technology Fund
Type B HCEDC Fund Park Improvement Fund
Park Fund 2015 C.O. Capital Projects
Impact Fees Fund Library Board Fund
General Interest and Sinking Fund General Fund Capital Projects
Water and Sewer Interest and Sinking Fund Certificates of Obligation Capital
Projects
Repair and Replacement Fund General Fixed Assets
General Long Term Debt Consolidated Cash
Type A HEDC Fund

III. LEGAL REQUIREMENTS

Legal requirements applicable to the investment of public funds in Texas are:

A. Public Funds Investment Act

Requirements covering the investment of public funds are found in the Public Funds
Investment Act, Chapter 2256, Texas Government Code (the Act).

City of Haslet Financial Policy

Haslet Adopted Budget FY 2024-2025 321