During last night’s City Council meeting, Mayor Rick Wilson presented Finance Director Deborah Woodham a Certificate of Investment Policy from the Government Treasurers’ Organization of Texas (GTOT). The organizations primary purpose is to promote the educational and professional development of persons who perform the treasury function in governmental organizations and to play a key role in the enactment of legislation in the area of cash and debt management.
GTOT’s Investment Policy Committee provides professional guidance in developing an investment policy and recognizes outstanding examples of written policies. A Certificate of Distinction is awarded for those policies that meet established criteria. The Certificate is awarded for two years and then may be renewed upon review. Congratulations again to the City of Forney and their Finance Department.