District Considers $8M Transfer to CA CLASS Investment Pool
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Description
The Humboldt Community Services District is considering transferring $8,000,000 in reserve funds to the California CLASS JPA Investment Pool to pursue higher interest earnings and preserve liquidity. No final vote has yet occurred as of the meeting date.
Contract Details
Contract Amount
$8,000,000 (transfer of District reserve funds)
Vendor
CALIFORNIA CLASS JPA INVESTMENT POOL
Agency
Humboldt Community Services District, CA
Contract Type
FINANCIAL_SERVICES
Document Date
December 12, 2023
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