Welcome to ISJIT

The Iowa Schools Joint Investment Trust (ISJIT) assists more than 325 school corporations in safely increasing their investment income. Since 1986, ISJIT has helped provide additional funds to increase the quality of educational services available to students across the state.

Sponsored by IASB, governed by a representative board of trustees and served by a dedicated team of professionals, ISJIT offers several investment alternatives to meet participants' cash management needs.

The ISJIT Diversified, Series seek to maintain a net asset value of $1.00 per share. An investment in the fund is neither insured nor guaranteed by the FDIC or any other government agency. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund.

Fund	Yield	Day 7 Yield
ISJIT DIV	0.0050	0.0050
ISJIT DGO	0.0050	0.0050

ISJIT ANNOUNCES NEW FINANCIAL SERVICE PROGRAMS

ISJIT strives to meet the multiple financial needs of Iowa school districts, area education agencies, community colleges and other related organizations. Recently ISJIT introduced several new programs for maximizing your districts funds as well as future financial management planning.

FINANCIAL PLANNING PROGRAM FPP LITE

FPP LITE is a comprehensive 5-year planning tool that will provide your district long range planning insight for making well-informed, data-driven decisions Click HERE for FPP access.

CASH FLOW MANAGEMENT

The Cash Flow Management Program is an optimized investment tool that gives public entities a more complete and accurate picture of their cash flow so they can put their money to work sooner and longer. Click HERE for the check list.

BOND PROCEEDS MANAGEMENT

The Bonds Proceeds Management Program is a comprehensive service that helps establish a reliable and sufficent flow of funds, optimize investment earnings and provides IRS arbitrage reporting.

PMA FPP

The PMA Financial Planning Program (PMA FPP) includes all the benifits of the FPP LITE plus teachers salary scattergram, employee benefits costing, modeling for program reductions/new building operating costs and custom reporting.

ISJIT has teamed up with PMA Financial Network to offer the most competitive, convenient methods of investing and planning. The new programs are available to ISJIT participants at no cost, with the exception of PMA FPP. PMA has provided educational institutions across the Midwest with investments and customized financial solutions for more than a quarter of a century.
For more information on the new programs please contact Jackie Black, IASB Education Finance Director at 1-800-795-4272 or Paul Kruse, IASB ISJIT Marketing Director at 1-800-269-2363. For ISJIT direct assistance please call 1-800-872-0140, option 1.

Additionally, ISJIT continues to support separate tracking of the Education Jobs Fund - The federal Education Job funds were available in the 2010-2011 school year and must be spent by September 30, 2012. Click here for additional information.