Somers Central School District Agenda ReOrganizational Board of Education Meeting 2026-07-07
CLASS/MBIA Approved as Investment Depository
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Description
The Board ratified use of CLASS/MBIA accounts for the General Fund, Cafeteria, and Capital Fund in the 2026/27 fiscal year. These pooled investment accounts will serve as authorized depositories for district funds.
Contract Details
Vendor
CLASS/MBIA
Agency
Somers Central School District, NY
Contract Type
FINANCIAL_SERVICES
Document Date
June 30, 2026
Contract Term
2026/27 fiscal year
Renewal Date
2027-06-30
Renewal Info
Designation as an approved investment depository for 2026/27; renewal in future years requires further Board action.
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