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Local Government Investment Pool

Local Government Investment Pool

The Oregon State Treasury helps governments across the state, including schools and cities and counties, to stretch taxpayer dollars and keep public funds safe.

Between the time that revenue is received and when the money is needed to pay expenses, governments can deposit money and earn a rate of return by accessing the Treasury-managed Oregon Short Term Fund (OSTF) through the Local Government Investment Pool (LGIP or pool). The OSTF is made up of money from state agencies, certain public universities, and local governments.

Any municipality, political subdivision or public corporation of this state that by law is made the custodian of, or has control of, any public funds, may participate in the pool. Sovereign Tribes are also eligible to participate.

Treasury has hired PFM Asset Management LLC to provide administrative and operational support for the pool.

If you are a local government and have funds not expected to be needed in the near term, click here to learn about the Oregon Local Government Intermediate Fund.

Audit Confirmation Requests

Auditors needing confirmation of account balances must make requests in writing to PFMAM Client Services. Requests must include or be accompanied by a release signed by a participant’s authorized contact (the contact must be registered in the records of the pool and have permission to view/access pool account information). Requests/releases can be submitted through (auditor use only) or Connect, faxed to (888) 535-0120, or mailed to:

Oregon LGIP
PO Box 11760
Harrisburg, PA  17108-1760

For help with submitting an audit confirmation request, contact PFMAM Client Services.



User Forms

Payment Instructions Forms

Account Forms


For Information on:

  • Connect Access
  • Transactions
  • Reporting
  • Account/User Maintenance
  • Audit Confirmation Requests
  • Eligibility


PFMAM Client Services
7:00am - 4:00pm Pacific
(855) OST-LGIP

For Information on:

  • Investment Management
  • Statutory Requirements
  • Service Provider Issues
  • General Program Inquiries


(800) 452-0345