District to Invest $12M in PSDLAF CDs
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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.
More from PSDLAF
More from Pottsville Area SD
Pottsville Area School District Board Meeting Agenda April 2026
Pottsville Area School District Board Meeting Agenda April 2026
Pottsville Area School District Board Meeting Agenda April 2026
Pottsville Area School District Board Meeting Agenda April 2026
Pottsville Area School District Board Meeting Agenda April 2026
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