SBA investment account authorization
Golden Gem Community Development DistrictFlorida- Detected
- Aug 12, 2026
- 86 days ago
- Sector
- Administration & Finance
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From the meeting
At its July 8, 2026 meeting, the board approved Resolution 2026-04 authorizing the district manager to establish an account with the State Board of Administration investment pool. Staff said the purpose was to earn interest on idle general fund money because the operating account was non-interest-bearing. The board said the account would apply to the general fund only, not debt service funds, and expected a 3% to 4% return.
This was a treasury and cash-management decision rather than a procurement of a product or service.
- Meeting date
- August 12, 2026
- Agency
- Golden Gem Community Development District
Questions about this project
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When will Golden Gem Community Development District issue an RFP for this project?
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