Farmington Board of Education Meeting Minutes June 17 2025
District Authorizes Michigan Liquid Asset Fund Use
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Description
The Farmington Board of Education approved the Michigan Liquid Asset Fund, through Fifth Third Bank, as an investment option for surplus funds in 2025-26. This pooled investment program will support short-term cash and liquidity management.
Contract Details
Vendor
MICHIGAN LIQUID ASSET FUND (FIFTH THIRD BANK)
Agency
Farmington Public School District, MI
Contract Type
FINANCIAL_SERVICES
Document Date
June 17, 2025
Contract Term
2025-26 school year
Renewal Date
2026-06-30
Renewal Info
Participation in the Michigan Liquid Asset Fund is authorized for the 2025-26 school year; ongoing participation requires future board authorization.
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Farmington Public Schools Agenda Items from the Treasurer 2026-06-16
Farmington Public Schools Agenda Items from the Treasurer 2026-06-16
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