Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Board approves PMA to manage district referendum bond proceeds and investment reporting
Summary
After a presentation by PMA, the board voted to hire PMA to handle investment and arbitrage reporting for the district’s upcoming bond/referendum proceeds; staff described PMA’s role in protecting assets, maximizing earnings and conducting IRS compliance reporting.
The board voted to approve PMA (Public Financial Management affiliate) to provide investment and financial management services for the district’s referendum/bond proceeds after a presentation describing PMA’s services.
Aaron (district staff) introduced Josh Bridal of PMA, who told the board PMA works with approximately 235 school districts and manages about $1.5 billion in referendum proceeds for…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
