District Selects MILAF as Investment Depository
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Description
The Imlay City Board of Education approved the Michigan School District Liquid Asset Fund (MILAF) as an authorized investment and depository vehicle for district funds for 2025-26. District leadership may contract with MILAF as needed to manage school financial assets.
Contract Details
Vendor
MICHIGAN SCHOOL DISTRICT LIQUID ASSET FUND (MILAF)
Agency
Imlay City Community Schools, MI
Contract Type
FINANCIAL_SERVICES
Document Date
July 28, 2025
Contract Term
2025-07-28 onward (ongoing depository/investment designation for FY 2025-26)
Renewal Date
2026-07-31
Renewal Info
Designation as an approved investment/depository is made annually at the organizational meeting and remains in force until changed by the board.
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