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FINANCIAL_SERVICESAPPROVED

rudd_rockford_marble_rock_csd_board_meeting_minute.pdf

ISJIT approved as school investment depository

Depository limit up to $10,000,000.00Rudd-Rockford-Marble Rock Community School DistricIOWA SCHOOL JOINT INVESTMENT TRUST (ISJIT)December 17, 2025

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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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
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Description

The board designated the Iowa School Joint Investment Trust (ISJIT) as an official financial depository with authority to hold up to $10,000,000 of district funds for the 2025-2026 school year. This provides the district with an investment vehicle specifically designed for Iowa schools.

Contract Details

Contract Amount

Depository limit up to $10,000,000.00

Vendor

IOWA SCHOOL JOINT INVESTMENT TRUST (ISJIT)

Agency

Rudd-Rockford-Marble Rock Community School Distric, IA

Contract Type

FINANCIAL_SERVICES

Document Date

December 17, 2025

Contract Term

2025-2026 school year

Renewal Date

2026-06-30

Renewal Info

Depository designation for the 2025-2026 school year with a $10,000,000 cap; subject to annual board reapproval.

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