ISJIT approved as school investment depository
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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.
More from IOWA SCHOOL JOINT INVESTMENT TRUST (ISJIT)
More from Rudd-Rockford-Marble Rock Community School Distric
Rudd-Rockford-Marble Rock CSD Regular Board Meeting Agenda March 2026
Rudd-Rockford-Marble Rock CSD Regular Board Meeting Agenda March 2026
Rudd-Rockford-Marble Rock CSD Regular Board Meeting Agenda March 2026
rudd_rockford_marble_rock_csd_board_meeting_minute.pdf
rudd_rockford_marble_rock_csd_board_meeting_minute.pdf
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