This session will discuss in detail the different kinds of investments available to school districts, along with liquidity, investment policy and Minnesota legal requirements. Cash flow management strategies will also be reviewed, including short term borrowing and arbitrage.
Topics will include bus types and sizes, bus maintenance, owning vs. contracting, contract specification, purchasing laws, safety programs and fuel storage. Year-end allocation (mileage vs. routes, other funding sources), and calculating rates and chargebacks will also be covered.
