County Maintains Multi-Fund Investments With TX CLASS
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Description
Jasper County continues to invest multiple funds through TX CLASS, holding over $10.9 million in principal and earning $47,977.19 in interest for November 2024. The Treasurer reports these investments remain in compliance with the Public Funds Investment Act and the county’s investment policy.
Contract Details
Contract Amount
$10,926,845.23 (aggregate principal across listed funds)
Vendor
TX CLASS
Agency
Jasper County, TX
Contract Type
FINANCIAL_SERVICES
Document Date
November 1, 2024
Renewal Info
No explicit maturity or renewal terms stated for TX CLASS; as a local government investment pool the arrangement functions as an ongoing, open-ended investment vehicle until funds are withdrawn or reallocated.
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