Manhattan Charter School Board Meeting Minutes January 2026
Board Approves Reinvestment of Cash With Edward Jones
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Description
The board authorized the Finance Committee to reinvest approximately $350,000 in cash held with Edward Jones into a certificate of deposit. The committee will also work with Edward Jones to explore additional higher-yield investment options for the school’s funds.
Contract Details
Contract Amount
Approximately $350,000 to be reinvested from cash balance
Vendor
EDWARD JONES
Agency
Manhattan Charter School Ii, NY
Contract Type
FINANCIAL_SERVICES
Document Date
January 21, 2026
Renewal Info
Ongoing investment relationship; board specifically approved reinvestment of $350K cash into a CD and exploration of higher-yield options, with no stated maturity or renewal terms.
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