Investment Portfolio Summary Q1 2026 (26-584)
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To approve the Investment Portfolio Summary for the quarter ended March 31, 2026; and providing an effective date. Adopted Resolution No. 2026-5-5(R)
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Verify Plano's investment liquidity covers Public Safety Campus
Why now: Texas Government Code Chapter 2256 requires disclosure of investment policy deviations, and this routine report resurfaced twice (2026-05-26, 2026-07-01) with the $140M CMAR contract approved on that same July 1 agenda.
What to do: Pull the itemized July 1 investment portfolio summary to confirm liquid, short-term holdings can cover progress payments on the $140 million Public Safety Campus construction contract approved the same day. If the numbers don't reconcile, the investment officer must disclose a Public Funds Investment Act policy deviation to Council.
Act before: After next quarterly investment portfolio report is filed
Ask why Plano's investment summary needed two hearings
Why now: The matter shows two appearances (2026-05-26, 2026-07-01) with 'Next step: Unknown,' despite the July 1 agenda carrying a $140 million contract vote the same day.
What to do: Pull the May 26 and July 1 meeting minutes to find out why this routine investment portfolio summary appeared on the agenda twice, five weeks apart, with no recorded next step. That gap is unusual for what should be a single-reading treasury report.
Act before: After records request response (typically 10 business days)
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To approve the Investment Portfolio Summary for the quarter ended March 31, 2026; and providing an effective date. Adopted Resolution No. 2026-5-5(R)
To approve the Investment Portfolio Summary for the quarter ended March 31, 2026; and providing an effective date. Adopted Resolution No. 2026-5-5(R)