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FINANCIAL_SERVICESAPPROVED

Pottsville Area School District Board Meeting Agenda April 2026

District to Invest $12M in PSDLAF CDs

$12,000,000Pottsville Area SDPSDLAFApril 15, 2026

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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
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Finance Committee recommended investing $12 million in three collateralized certificates of deposit with PSDLAF, with maturities staggered from October 2026 through April 2027. This move structures the district’s short‑term investments through the school district liquid asset fund.

Contract Details

Contract Amount

$12,000,000

Vendor

PSDLAF

Agency

Pottsville Area SD, PA

Contract Type

FINANCIAL_SERVICES

Document Date

April 15, 2026

Contract Term

Maturities staggered from October 2026 through April 2027

Renewal Date

2027-04-30

Renewal Info

Three fixed‑term CDs maturing between October 2026 and April 2027; reinvestment decisions will be required at maturity.

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