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.

Documents

• LGIP Information Statement
• Memo Regarding Limitation in ORS 294.810

Disclosures

• INV 303 Short Term Investments Portfolio Rules

User Forms

• LGIP Contact Registration
• LGIP Permissions

Payment Instructions Forms

• LGIP ACH Instructions
• LGIP Wire Instructions
• LGIP Transfer Instructions
• LGIP Debt Payment Instructions
• LGIP State Payment Instructions

Account Forms

• LGIP Participant Application
• LGIP Account Opening
• LGIP Account Closing

Contacts