Power Cost Adjustment funds investment
City of San AugustineTexas- Detected
- Sep 15, 2026
- 53 days ago
- Sector
- Administration & Finance
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From the meeting
Council considered giving the City Manager authority to place Power Cost Adjustment (PCA) and certificate of deposit (CD) funds into the highest rated investment account at a primary depository bank or other qualifying financial institution. This is a treasury and cash-management move, not a procurement award. It matters to banks and investment providers because the city is actively evaluating where to place operating funds.
No institution was named in the packet.
- Meeting date
- September 15, 2026
- Agency
- City of San Augustine
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