Readington Township Public Schools Finance Committee Meeting Minutes December 2025
Board-Approved NJARM Account Used for District Reserves
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Description
Readington Township Public Schools utilizes a board-approved NJARM account to manage referendum proceeds and excess surplus, currently earning interest in the high 3% range with market adjustments. The account supports improved returns on district reserves.
Contract Details
Vendor
NJARM
Agency
Readington Township School District, NJ
Contract Type
FINANCIAL_SERVICES
Document Date
December 17, 2025
Renewal Info
Ongoing use of the NJARM account for referendum and surplus funds; no specific renewal schedule detailed.
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