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/Legislative-Building-and-trees-in-spring.jpg10001500Adam Johnsonhttps://live-trewa-trewa.pantheonsite.io/wp-content/uploads/tre-wa-gov-logo-294x300-1.pngAdam Johnson2023-06-07 14:33:162023-06-07 14:42:37State Treasurer Locks-in Low Interest Rates in Financing for State Agencies and Five Local Governments
https://tre.wa.gov/wp-content/uploads/TIF-Bill-Signing.jpg13332000ost_adminhttps://live-trewa-trewa.pantheonsite.io/wp-content/uploads/tre-wa-gov-logo-294x300-1.pngost_admin2023-05-09 12:43:072023-05-09 12:43:07Treasury Request Legislation to Spur Economic Development, Local Partnerships Signed
https://tre.wa.gov/wp-content/uploads/Legislative-Building-Close-with-clouds-and-sun-scaled.jpg19202560ost_adminhttps://live-trewa-trewa.pantheonsite.io/wp-content/uploads/tre-wa-gov-logo-294x300-1.pngost_admin2023-04-26 15:58:432023-04-26 16:04:12State Treasurer Saves $160.7 Million in Bond Sale, Highest Savings from Refinancing in Washington History