Texas Public Funds Investment Act Online Training
The Public Funds Investment Act (PFIA) governs the investment of government funds in Texas. Under this law, specific parameters are set for Texas cities, requiring them to adopt an investment policy and designate an investment officer who is required to attend an approved training course.
The actual statute can be found here.
The treasurer, chief financial officer (if the treasurer is not the chief financial officer), and investment officer of a city or school district must attend at least one training session, 10 hours in length, within 12 months after taking office, and must take eight hours of instruction every two years after the initial training session. Various other types of governmental entities have some training exceptions. You can view these exceptions here.
This Public Funds Investment Act course meets the training requirements under Texas state law. It is designed to educate public officials in the basics of investing. The training examines and explains investment controls, security risks, strategy risks, market risks, the need for diversification of investment portfolio, and compliance elements of state law.
Continuing Education
This Public Funds Investment Act training is offered in 10 Hour, 8 Hour and 4 Hour courses to meet your individual needs and has been certified and approved for continuing education credits by:
Texas State Board of Public Accountancy (TSBPA)
Texas Department of Licensing & Regulation (TDLR).
See featured courses below or in the Course Catalog.
All sales are final
TML Members
Virtual Learning Concepts has partnered with the Texas Municipal League (TML) to offer members an exclusive discount coupon that can be obtained on the member log-in page of the TML website.
Training Time Frame
Students have 120 days from date of enrollment to complete. After 120 days the course will no longer be available. Should you fail to complete before the 120 day deadline the only option will be to contact VLC Support and restart the training from the beginning if granted.
Regular Purchase
After purchasing course you will be automatically enrolled and can start training.
Multiple Student (Volume) Purchase
We (VLC) have volume discounts when purchasing for three (3) or more students.
For information or assistance contact our sales staff at:
Check Purchase
If you or your entity need to purchase by check, we (VLC) have provisions for this.
For more information or assistance contact our sales staff at: