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FINANCIAL_SERVICESDISCUSSED

Mendota High School Finance Committee Minutes 2026-05-13

District explores ISDLAF investment of annual revenues

approximately $1.6 to $1.9 million annually (Evidenced Based Funding revenue to be invested)Mendota Twp HSD 280ISDLAFMay 13, 2026

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Description

Mendota High School’s finance committee discussed a potential investment strategy using ISDLAF to invest approximately $1.6 to $1.9 million in annual Evidence Based Funding revenue. The approach would keep the funds invested to earn interest and transfer money into the district’s checking account as needed for expenditures.

Contract Details

Contract Amount

approximately $1.6 to $1.9 million annually (Evidenced Based Funding revenue to be invested)

Vendor

ISDLAF

Agency

Mendota Twp HSD 280, IL

Contract Type

FINANCIAL_SERVICES

Document Date

May 13, 2026

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