Resolution - Local Government Investment Pool is a legal document that was released by the Wisconsin Department of Administration - a government authority operating within Wisconsin.
Q: What is the Local Government Investment Pool in Wisconsin?
A: The Local Government Investment Pool in Wisconsin is a program that allows local government entities to invest and pool their funds together.
Q: Why do local government entities participate in the Investment Pool?
A: Local government entities participate in the Investment Pool to effectively manage their cash flow, earn competitive investment returns, and benefit from professional investment management.
Q: Who can participate in the Local Government Investment Pool?
A: Local government entities in Wisconsin, such as cities, towns, counties, school districts, and other municipal units, can participate in the Investment Pool.
Q: How does the Local Government Investment Pool work?
A: The Investment Pool invests the funds of participating local government entities in short-term, high-quality investments, aiming to provide safety of principal, liquidity, and competitive yields.
Q: Are there any risks involved in participating in the Local Government Investment Pool?
A: While the Investment Pool aims to provide safety of principal, there is a possibility of investment losses, although historically, the pool has not experienced any losses.
Form Details:
Download a printable version of the form by clicking the link below or browse more documents and templates provided by the Wisconsin Department of Administration.