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Rankin board approves plan to buy 13‑week Treasury bills totaling $2.625 million
Summary
The board approved purchases of 13‑week Treasury bills for district funds: $2,000,000 (Education), $200,000 (Building), $425,000 (Transportation); purchases to occur on or after June 8, 2026.
The Rankin School District #98 Board on May 18 approved an investment plan to purchase 13‑week Treasury bills on or after June 8, 2026. The motion, made by Member Brittany Webb and seconded by Member Peter Bacon, passed on a unanimous roll-call vote.
The plan allocates $2,000,000 to the Education Fund, $200,000 to the Building Fund and $425,000 to the Transportation Fund. The board recorded a 6–0 vote in favor; administration and the business office will execute the purchases consistent with the plan.
