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.
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.
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/US-395-Pioneer-Memorial-Bridge.png13842048Adam Johnson/wp-content/uploads/tre-seal.pngAdam Johnson2019-09-30 22:56:502019-10-03 17:14:27State Treasurer Saves State $21.5 Million in Debt Service Costs
https://tre.wa.gov/wp-content/uploads/Yakima-Valley-College-big.png685900Adam Johnson/wp-content/uploads/tre-seal.pngAdam Johnson2019-09-26 18:39:442019-10-04 16:33:00Strong Interest Leads to High Number of Local Government Participants in Financing.
https://tre.wa.gov/wp-content/uploads/Leg-Building-August.jpg37835804Adam Johnson/wp-content/uploads/tre-seal.pngAdam Johnson2019-08-26 20:58:022019-08-27 22:18:12Washington receives a rating upgrade to Aaa status from Moody’s