More than 500 cities, counties, school districts and other Washington state local or regional government units pool their short-term surplus cash in the LGIP, managed by the Treasurer’s Office. It protects taxpayer funds, earns them a competitive interest rate, and maintains 100 percent liquidity.
Run by the Treasurer’s Office, this program helps school districts save money through lower financing costs once local bonds have been approved by voters for important school renovation, expansion or new construction projects.
Local governments and state higher education institutions can save time and money on making crucial custody arrangements for stocks and bonds, under this special program operated by the Office of the State Treasurer.
https://tre.wa.gov/wp-content/uploads/signing_smallversion.png6671000Adam Johnson/wp-content/uploads/tre-seal.pngAdam Johnson2018-08-31 20:01:432018-08-31 20:19:44Washington Attracts Multiple Bidders for Competitive Bond Sale