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City of Brownsville Earns Statewide Recognition for Excellence in Investment Policy

· Texas Border Business

The City of Brownsville has received the Certificate of Distinction for Investment Policy from the Government Treasurers’ Organization of Texas (GTOT). This award highlights the city's dedication to responsible financial management and adherence to the Texas Public Funds Investment Act. City Manager Alan Guard praised the Finance Department for developing a comprehensive investment policy that prioritizes safety, liquidity, and long-term stability of public funds. The certification, valid until July 31, 2028, reflects Brownsville's commitment to transparency and accountability in managing taxpayer resources, ensuring compliance with legal standards and best practices in public investing.

AI summary · Source: Texas Border Business

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