American Recovery and Reinvestment Act (ARRA) and IPASeducation

The ARRA brings about a unique challenge for Iowa Schools with the responsibility of accountability and transparency of these stimulus funds. IPASeducation has solutions to effectively and efficiently account for ARRA funds.

If you are interested in more information on how IPASeducation can assist your school district with ARRA funds or depositing your state aid directly into your IPASeducation account please contact an administrator today, 866-720-2995.

Introducing a new investment solution for Iowa schools.
Built on the proven IPASonline engine.

IPASeducation is an investment program managed in compliance with Iowa Code Section 12B.10 and supported by 13 investment professionals and staff with years of experience in serving both the cash and asset management needs of Iowa schools. We understand the challenges school districts face in today’s economic environment, and we’ve designed this program to deliver safety and liquidity in an efficient, compliant and well-administered package.

Created by WB Capital Management Inc.,* an Iowa company
with a long and successful history of service to Iowa schools
and public agencies.

Since 1986, WB Capital Management Inc., has provided public funds investment advisory and administration services for hundreds of school districts, counties, municipalities, municipal utilities and other political subdivisions across the Midwest. We are a SEC-registered investment advisor with highly developed, participant-focused services and administrative procedures.

IPASeducation brings back
everything you loved about IPASonline – and more!

IPASonline was originally created by WB Capital Management Inc., to serve the needs of Iowa schools and public agencies. We have continued to refine this resource through the years – developing new reports, tools and utilities designed to satisfy the changing needs of participants. That’s why we say, “IPASeducation is just like you remember – only better!”

• Experience the ease and efficiency of the IPASonline interface —it’s right at your fingertips, 24/7!
• Enjoy same day access to daily confirmations and monthly statements.
• Save time by scheduling future date transactions (both deposits and payments) with a few simple keystrokes.
• Take advantage of unlimited sub-accounting.
• Upload data directly to your school district’s accounting system.

Better yet, it’s like having an online checking account!

With IPAS Vendor Pay from IPASeducation, you enjoy the convenience, immediacy and money-saving efficiency of online cash management. State funds can be received electronically – and put to work on day one. You can pay vendors electronically and be assured that payments are properly identified and credited, since detailed payment reports are emailed to your vendors whenever a payment is made. You’ll also save money, since the cost of online transactions can be significantly less than the cost of writing paper checks.

For additional information, call Bryant Sheriff, Public Funds Marketing Representative, toll-free at 866-720-2995. Or visit the contact page of this website.

*Formerly Investors Management Group