Village of Minooka Annual Budget FY 2027 2026-05-01
Village Continues Use of IMET Investment Funds
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Description
Minooka’s FY2027 budget reaffirms its ability to invest surplus municipal funds in IMET’s 1-3 Year and Convenience Funds under the Village’s 2021 investment policy. These pooled investment vehicles support prudent cash management while complying with Illinois public funds requirements.
Contract Details
Vendor
IMET 1-3 YEAR FUND AND CONVENIENCE FUND
Agency
Minooka village (pt.), IL
Contract Type
FINANCIAL_SERVICES
Document Date
May 1, 2026
Contract Term
Ongoing, per Investment Policy Resolution No. 2021R-3155
Renewal Info
Investment policy is reviewed annually by the Finance Director and any changes require Village Board approval; IMET usage continues unless the policy is amended.
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