Investments made on behalf of the Participants are subject to the overall direction of the program's Board of Trustees, which consists of eleven Trustees serving on behalf of the Participants for staggered terms. The Board of Trustees approves the program's investment parameters, which must additionally fall within the investment stipulations mandated under Michigan statute for the investment of surplus funds of the Participants. The Board of Trustees has entered into an investment advisory agreement with Cutwater Investor Services Corp. which is responsible to the Board for all program investment and administrative activities and services provided on behalf of the Participants.
Jeffrey Budd, CPA
Finance Director
City of Coldwater
Term Expires Year-End: 2013
Kelly Corbett
CFO
Eaton ISD
Term Expires Year-End: 2014
Kurt Dawson
Treasurer
City of Rochester Hills
Term Expires Year-End: 2014
Patricia Donovan Gray
Treasurer
Tuscola County
Term Expires Year-End: 2014
Glenna MacDonald
Supervisor of Finance
Huron Valley Schools
Term Expires Year-End: 2013
Janice L. Thelen
Treasurer
Watertown Charter Township
Term Expires Year-End: 2014
Bruce Malinczak
Assistant Treasurer
Canton Charter Township
Term Expires Year-End: 2013
Stephanie Murray
Finance Director
Traverse Bay Area ISD
Term Expires Year-End: 2012
Edward J. Sell Jr
Finance Director
City of Monroe
Term Expires Year-End: 2012
Bradley Slagh
Treasurer
Ottawa County
Term Expires Year-End: 2013
James Stover
Treasurer
Plainfield Charter Township
Term Expires Year-End: 2012