Inlet Town Board Agenda April 8 2026
Town Explores NY Class Investment Option for Idle Funds
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Description
The Town Clerk met with NY Class to explore a higher-yield investment program for idle town funds, which offers daily compounded interest. She will compare local bank options before recommending any potential change in how the town invests its cash balances.
Contract Details
Vendor
NY CLASS
Agency
Town of Inlet, NY
Contract Type
FINANCIAL_SERVICES
Document Date
April 8, 2026
Renewal Info
Preliminary discussion only; no contract or renewal terms established yet.
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