The State of Kansas offers a Local Government Investment Pool (LGIP) entitled "State of Kansas Municipal Investment Pool" which is a voluntary investment alternative for municipalities in the state of Kansas and is governed by the State of Kansas Pooled Money Investment Board.
Investment Objectives
The State of Kansas Municipal Investment Pool (the "Pool") offers participants the safety of principal, liquidity, and a competitive market rate on short-term investments. All monies deposited in the Pool are promptly invested as part of the "Pooled Money Investment Portfolio" (the "Portfolio") in securities authorized by State statutes. Safekeeping and audit controls for all investments made for the Portfolio comply with State statutes and are monitored by the Pooled Money Investment Board (the "Board").
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