Lovejoy I.S.D. Quarterly Investment Report January-March 2026
Lovejoy ISD Utilizes TexPool for General Fund Investments
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Description
Lovejoy ISD actively utilizes TexPool Participant Services to invest General Fund cash in the Texas Local Government Investment Pool, maintaining month-end balances up to $38.9 million during the first quarter of 2026. The pool provides daily liquidity and interest earnings on district funds outside its primary depository bank.
Contract Details
Contract Amount
Balances up to $38,900,945.40 during Q1 2026
Vendor
TEXPOOL PARTICIPANT SERVICES
Agency
Lovejoy Isd, TX
Contract Type
FINANCIAL_SERVICES
Document Date
March 31, 2026
Contract Term
Ongoing investment pool participation as of 2026-01-01 to 2026-03-31
Renewal Info
Participation in TexPool is on an ongoing basis; no specific renewal date is stated and investments are made and redeemed daily at the district’s discretion.
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ONGOINGMore from Lovejoy Isd
School District Training Requirements Exhibit A 2026-06-09
School District Training Requirements Exhibit A 2026-06-09
School District Training Requirements Exhibit A 2026-06-09
Texas Woman’s University and Lovejoy Independent School District Memorandum of Understanding 2026-06-09
Lovejoy ISD Board of Trustees Staff Report May 2026
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