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FINANCIAL_SERVICESONGOING

missaukee-county-finance-committee-agenda-august-7-2025_604.pdf

Tax Revolving Funds in Michigan CLASS-0002 Pool

Town of Clam LakeMICHIGAN CLASS-0002August 7, 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

Missaukee County’s Tax Revolving Fund is invested in the Michigan CLASS-0002 pool, providing on-demand access and a yield above 4.3 percent. This investment supports the county’s management of delinquent tax cash flows.

Contract Details

Vendor

MICHIGAN CLASS-0002

Agency

Town of Clam Lake, MI

Contract Type

FINANCIAL_SERVICES

Document Date

August 7, 2025

Contract Term

On Demand

Renewal Info

On-demand pooled investment account with no specified maturity; remains active until redeemed by the county.

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