PROJECTBUDGET PLANNING

ColoTrust $10 million transfer

Town of La Salle
Detected
Oct 13, 2026
15 days ago
Sector
Administration & Finance
Est. value
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Detected 15 days agoOct 13

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From the meeting

At the September 22, 2026 meeting, the board approved moving $10 million into a better interest-rate ColoTrust account for 12 months. The town said the reallocation would generate about $74,000 more in interest. This is treasury management rather than a procurement, but it signals cash-management attention and possible follow-on banking or investment-account review.

The time-sensitive piece is the 12-month term.

Meeting date
October 13, 2026
Agency
Town of La Salle

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