PISD Transcript Budget Discussion 2026-05-21
District Projects $84K From LGIP Investments
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Description
The district continues to place surplus funds in the Local Government Investment Pool, projecting around $84,000 in annual investment earnings to support the operating budget. Officials clarified that LGIP investments are not counted as cash balance for SEG reserve calculations.
Contract Details
Vendor
LGIP
Agency
Peñasco Independent Schools R, NM
Contract Type
FINANCIAL_SERVICES
Document Date
May 21, 2026
Renewal Info
Participation in the LGIP is ongoing with no fixed end date noted.
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