Board Approves Participation in NYCLASS Investment Program
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Description
The Raquette Lake Union Free School Board approved joining NYCLASS, the New York Cooperative Liquid Assets Securities System, as a new investment vehicle for district funds. The superintendent recommended enrolling now and deferring any actual fund transfers until a later date.
Contract Details
Vendor
NYCLASS NEW YORK COOPERATIVE LIQUID ASSETS SECURITIES SYSTEM
Agency
Raquette Lake Wd, NY
Contract Type
FINANCIAL_SERVICES
Document Date
October 28, 2024
Renewal Info
Participation in NYCLASS is ongoing until the district chooses to withdraw funds or terminate its participation; no fixed renewal term was specified.
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