Alamo Colleges District Board of Trustees Meeting Agenda Packet May 2026
District to join Texas CLASS investment pool
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Description
The FY 2027 Debt Management Plan recommends that Alamo Colleges District join the Texas CLASS investment pool to invest new bond proceeds. Texas CLASS provides a PFIA-compliant, AAAm-rated vehicle for managing public funds with enhanced diversification and reduced operational risk.
Contract Details
Vendor
TEXAS COOPERATIVE LIQUID ASSETS SECURITY SYSTEM TRUST (TEXAS CLASS)
Agency
Palo Alto College, TX
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Renewal Info
Ongoing participation would be governed by the Texas CLASS program documents and can typically be terminated at the District’s discretion; no specific renewal schedule is stated in the agenda materials.
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