Primary Department: Management and Budget
Primary Department Head/Elected Official: Daniel Ramos, Executive Director
Secondary Department: N/A
Secondary Department Head/Elected Official: N/A
Regular or Supplemental RCA: Regular RCA
Type of Request: Policy
Project ID (if applicable):
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MWBE Contracted Goal (if applicable):
MWBE Current Participation (if applicable):
Justification for 0% MWBE Participation Goal: N/A - Goal not applicable to request
Grant Indirect Costs Rate (if applicable):
Justification for 0% Grant Indirect Costs Rate (if applicable): Choose an item.
Request Summary (Agenda Caption):
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Request for approval of the Harris County Investment Policy that has been prepared in accordance with the Public Funds Investment Act.
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Background and Discussion:
The investment policy has been updated to remove the title "Deputy Executive Director" and replace it with "Investment Director" for the Investment Officer role as approved by Commissioners Court on January 8th, and to designate the "Deputy Executive Director" as a County Designee, effective retroactively on January 9, 2026.
The Investment Policy establishes the guidelines and statutory requirements for investing County funds in accordance with the Public Funds Investment Act. It outlines authorized investments, required controls, and reporting standards to ensure the safety, liquidity, and prudent management of public funds.
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County Strategic Plan Goal: N/A
County Strategic Plan Objective: N/A
Justice/Safety Initiative (Goal 1): N/A
Infrastructure Initiative (Goal 2): N/A
Economy Initiative (Goal 3): N/A
Health Initiative (Goal 4): N/A
Climate/Resilience Initiative (Goal 5): N/A
Housing Initiative (Goal 6): N/A
Additional notes related to the Strategic Plan:
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