Weatherford Democrat

April 12, 2014

Barnwell completes Basics of County Investments course

Weatherford Democrat

Honorable Jenny Barnwell, Parker County treasurer, has completed the Basics of County Investments course presented by the Texas Association of Counties.

The course meets the educational requirements of the Texas Public Funds Investment Act and includes presentations on products and services in the public funds markets and updates on the latest laws and strategies. Course topics include how to put together an investment policy, allowable investment options, how to manage the various types of risk and how to compute investment yields. Course graduates are in a better position to ensure the safety of principle, portfolio liquidity and appropriate returns – three key areas of concern for county investments.

The training is required for membership in TAC’s County Investment Academy. The academy provides investment education through a variety of conferences and workshops. Through the training, attendees have access to accurate, in-depth information as well as a network of experienced county investors from across the state. 

The overall objective of the program is to safeguard public funds through the introduction of modern operational techniques that provide the county with appropriate yield from taxpayer dollars. The McCoy College of Business Administration at Texas State University is a cooperative partner with TAC in providing the course and in running the TAC County Investment Academy. TAC began its public investing educational program in 1992. It remains one of the premier programs of its kind in the country.