Michigan Liquid Asset Fund Utilization Authorized
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Description
The Board authorized the use of Fifth Third Bank for Michigan Liquid Asset Fund to manage and invest district surplus funds for the 2023-24 school year. This provides a vehicle for liquid, short-term investments.
Contract Details
Vendor
FIFTH THIRD BANK FOR MICHIGAN LIQUID ASSET FUND
Agency
Farmington Public School District, MI
Contract Type
FINANCIAL_SERVICES
Document Date
October 28, 2025
Contract Term
2023-24 school year
Renewal Date
2024-06-30
Renewal Info
Use of Michigan Liquid Asset Fund via Fifth Third Bank is authorized for 2023-24 and subject to future Board review.
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