Authority Reinvests Up To $500K In PSDLAF
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Description
West Hanover Township Authority’s $1,000,000 PSDLAF investment matured in February 2026, earning $44,554.52 in interest. The board authorized the Finance Director to reinvest up to $500,000 in PSDLAF to support upcoming stormwater projects and financial planning.
Contract Details
Contract Amount
$1,000,000 existing investment; reinvest up to $500,000
Vendor
PA SCHOOL DISTRICT LIQUID ASSET FUND (PSDLAF)
Agency
Town of West Hanover, PA
Contract Type
FINANCIAL_SERVICES
Document Date
March 11, 2026
Contract Term
Investment matured February 2026 and rolled over
Renewal Info
Existing PSDLAF investment rolled over at maturity in February 2026, with additional authority to reinvest up to $500,000; specific maturity date and renewal cycle not stated.
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West Hanover Township Board of Supervisors Meeting Agenda April 16, 2026
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