The investment officer will prepare and present to the board not less than quarterly, a report of investment transactions for all funds. The report, at a minimum, will contain all the requirements specified in Texas Government Code, Chapter 2256, §2256.023 of the Public Funds Investment Act. The report will include a summary for each fund which shows the strategy for each fund and which shows book value, market value, maturity date, yield, accrued interest, and purchase cost of each security. Market values will be obtained from a nationally recognized financial information service. The investment officer shall prepare a report on the Texas Government Code, Chapter 2256, Subchapter A and deliver the report to the board not later than the 180th day after the last day of each regular session of the legislature.

Source Note:The provisions of this §365.21 adopted to be effective June 6, 1996, 21 TexReg 4816; amended to be effective December 11, 1997, 22 TexReg 12075; amended to be effective February 11, 1999, 24 TexReg 768.