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FINANCIAL_SERVICESAPPROVED

Farmington Public Schools Agenda Items from the Treasurer 2026-06-16

Michigan Liquid Asset Fund approved for surplus funds

Farmington Public School DistrictMICHIGAN LIQUID ASSET FUND (FIFTH THIRD BANK)June 16, 2026

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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

Farmington Public Schools approved the Michigan Liquid Asset Fund, operated through Fifth Third Bank, as an investment vehicle for surplus funds during the 2026-27 school year. This provides the district with a pooled, liquid investment option.

Contract Details

Vendor

MICHIGAN LIQUID ASSET FUND (FIFTH THIRD BANK)

Agency

Farmington Public School District, MI

Contract Type

FINANCIAL_SERVICES

Document Date

June 16, 2026

Contract Term

2026-27 school year

Renewal Date

2027-06-30

Renewal Info

Participation in the Michigan Liquid Asset Fund is authorized for the 2026-27 school year; continuation requires subsequent Board approval.

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