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Martinez Unified renews LAIF participation, accepts donations and hears back-to-school update
Summary
The board approved Resolution 2026-02 to continue participation in the Local Agency Investment Fund, accepted gift donations from community donors on the consent calendar, and heard superintendent Dr. Gigi Patrick’s report on a strong start to the 2025–26 school year and PTA fundraising plans.
Martinez Unified trustees on Aug. 18 adopted Resolution 2026-02 authorizing the district to deposit and withdraw funds in the state Local Agency Investment Fund (LAIF), a routine step staff said helps the district invest bond and construction funds until they are spent.
"For us, we take monies that we are not yet ready to spend — most of it is in our construction fund — and then we earn interest on it. That interest then goes to help the construction projects that we are doing ongoing,"…
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