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(4) contain a summary statement, prepared in compliance with generally accepted accounting principles, of each pooled fund group that states the: : (A) beginning market value for the reporting period; (B) additions and changes to the market value during the period; (C) ending market value for the period; and (D) fully accrued interest for the reporting period; (5) state the book value and market value of each separately invested asset at the beginning and end of the reporting period by the type of asset and fund type invested; (6) state the maturity date of each separately invested asset that has a maturity date; (7) state the account or fund or pooled group fund in the state agency or local government for which each individual investment was acquired; and (8) state the compliance of the investment portfolio of the state agency or local government as it relates to: (A) the investment strategy expressed in the agency's or local government's investment policy; and (B) relevant provisions of this chapter. (c) The report shall be presented not less than quarterly to the governing body and the chief executive officer of the entity within a reasonable time after the end of the period. (d) If an entity invests in other than money market mutual funds, investment pools or accounts offered by its depository bank in the form of certificates of deposit, or money market accounts or similar accounts, the reports prepared by the investment officers under this section shall be formally reviewed at least annually by an independent auditor, and the result of the review shall be reported to the governing body by that auditor. Added by Acts 1995, 74th Leg., ch. 402, § 1, eff. Sept. 1, 1995. Amended by Acts 1997, 75th Leg., ch. 1421, § 12, eff. Sept. 1, 1997. <General Materials (GM) - References, Annotations, or Tables> HISTORICAL AND STATUTORY NOTES 2000 Main Volume Acts 1997, 75th Leg., ch. 1421, in subsec. (b), in subd. (4), inserted ", prepared in compliance with generally accepted accounting principles, ", added par. (D), and made other nonsubstantive changes; and added subsec. (d). For application provisions of Acts 1997, 75th Leg., ch. 1421, see notes following V.T.C.A., Government Code 2256.002. Prior Laws: Acts 1979, 66th Leg., p. 2071, ch. 810. Vernon's Ann.Civ.St. art. 4413(34c), § 4. Acts 1993, 73rd Leg., ch. 268, § 1. V.T.C.A., Government Code -5,2256.057. § 2256.024. Subchapter Cumulative Copr. © West 2001 No Claim to Orig. U.S. Govt. Works 404