AUSTIN

Cheryl Chambers, Ellis County Treasurer, attended the Texas Association of Counties Conference of the County Investment Academy, June 27-29 in Georgetown.

Officials from across the state, actively involved with their county’s investment strategy, gathered to discuss timely trends that will maximize the return on taxpayer funds.

“Many taxpayers may not realize that the county they live in makes investment decisions regarding their taxpayer dollars,” said Gene Terry, executive director of TAC. “Texas county officials have the best resources available through the [County Investment] Academy for learning how to safeguard public funds with a wise investment strategy. Solid portfolio management helps counties build a strong future to continue serving their residents well.”

This year’s annual Conference of the County Investment Academy offered attendees the chance to:

Analyze factors influencing the U.S. economy; Gain a more in-depth understanding of the Federal Reserve and its monetary policy; Discuss recent legislative changes or amendments to the Public Funds Investment Act (PFIA); Evaluate different types of CDs allowed under the PFIA; Review collateralization and safekeeping services; and Network with experienced county investors from across the state. The County Investment Academy is a cooperative partnership between TAC and the McCoy College of Business Administration at Texas State University. The Academy’s conferences and workshops are open to all county officials and staff who want to learn more about county investment operations. County CPAs, auditors, treasurers, tax assessor-collectors, commissioners, and county and district clerks are able to earn required continuing education credit hours through the program, which TAC established in 1992.