Civic IQ
FINANCIAL_SERVICESAPPROVED

reed_city_area_public_schools_board_of_education_b.pdf

Board Approves Use of School District Asset Fund

Reed City Area Public SchoolsMICHIGAN SCHOOL DISTRICT LIQUID ASSET FUNDAugust 18, 2025

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The board authorized the Michigan School District Liquid Asset Fund as an approved depository and investment option for district funds for the 2025-26 school year. This enables the district to invest surplus cash in a pooled asset fund designed for schools.

Contract Details

Vendor

MICHIGAN SCHOOL DISTRICT LIQUID ASSET FUND

Agency

Reed City Area Public Schools, MI

Contract Type

FINANCIAL_SERVICES

Document Date

August 18, 2025

Contract Term

2025-26

Renewal Date

2026-06-30

Renewal Info

Annual authorization as an approved liquid asset fund for 2025-26; reauthorization required in future years.

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