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://www.tre.wa.gov/wp-content/uploads/SSC-Entry-SD_for_web.png9431916ost_admin/wp-content/uploads/tre-seal.pngost_admin2020-10-16 15:08:552020-10-16 15:16:32Financing Takes Advantage of Low Rates to Save the State Millions
https://www.tre.wa.gov/wp-content/uploads/patrick-robinson-DL1OVhGo5_8-unsplash-scaled.jpg16962560Adam Johnson/wp-content/uploads/tre-seal.pngAdam Johnson2020-07-16 17:26:032020-07-16 17:39:22Overwhelming Success for the State in Recent Bond Sale
https://www.tre.wa.gov/wp-content/uploads/rain-drop-on-window-scaled.jpg17142560Adam Johnson/wp-content/uploads/tre-seal.pngAdam Johnson2020-07-08 21:44:272020-07-09 15:09:45State Treasurer to Donate Salary Increase to the Rainy Day Fund
https://www.tre.wa.gov/wp-content/uploads/credit-report-photo-scaled.jpg17092560Adam Johnson/wp-content/uploads/tre-seal.pngAdam Johnson2020-07-01 22:51:572020-07-03 16:29:22Credit Ratings Remain High as Washington Prepares to Issue New Debt