PSATS would like to remind you about another of its Premier Partners, the Pennsylvania Local Government Investment Trust (PLGIT), which can help townships manage their American Rescue Plan federal funding while you are deciding what to spend it on.
PLGIT has the experience to work with you on the prudent management of these federal funds, including investments and record keeping. They offer segregated accounts and provide clear reporting to assist with the required tracking and reconciliation processes. This support comes with no out-of-pocket expenses, unlimited check-writing, daily liquidity, competitive yields, and much more. To learn more, call 1-800-572-1472.