Wait a minute….. I thought this is an era of austerity?

Were You Aware of This ?

Proposal by District Treasurer to Increase Reserve Deposit Earnings at the Stroke of a Pen

Just as private investors closely follow their investments for the best possible return, the District’s Interim Chief Financial Controller / Treasurer proposed that the Board of Education transfer nearly $26 million of liquid District assets from current Illinois funds and bank accounts to the IMET Convenience Fund, increasing interest income on these funds by a projected $80,000 annually. (Hinsdale-Clarendon Hills Patch)


Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s