PLGIT Reappointment as District Investment Depository
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Description
The board is considering reappointing the PA Local Government Investment Trust as a depository for several key district funds, including General, Capital Reserve, Construction, Debt Service, and Food Service, for the 2026-2027 school year. This maintains the district's participation in the statewide government investment pool.
Contract Details
Vendor
PA LOCAL GOVERNMENT INVESTMENT TRUST
Agency
Mechanicsburg Area SD, PA
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Contract Term
2026-2027 school year
Renewal Date
2027-06-30
Renewal Info
Annual depository appointment for multiple funds; future renewals to be approved in subsequent fiscal years.
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Mechanicsburg Area SD Regular Board Meeting Agenda 2026-05-12
Mechanicsburg Area SD Regular Board Meeting Agenda 2026-05-12
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