WYO-STAR: Local Government Investment Pool (LGIP)
WYO-STAR: Local Government Investment Pool (LGIP) - Short Term
In 1987, the Wyoming State Legislature authorized any county, municipality, school district or any other local government entity to participate in the WYO-STAR Program.
Here is how WYO-STAR works: Each participant has an individual interest in the pool based on the ratio of that participant's cash balance as a percentage of the total cash balance of the pool. Income is distributed to participants based on each entity's average daily cash balance in the pool. Interest is calculated and credited monthly.
The Wyoming State Treasurer has established an investment pool in which all WYO-STAR monies are co-mingled for investment purposes.
The WYO-STAR Program continues to be very successful in serving as an investment opportunity for its participants. The pool remains extremely liquid, using top grade investments, while producing returns which have exceeded many other short-term investment programs. One of the most important features is the accessibility to funds without a withdrawal penalty.
WYO-STAR II: Local Government Investment Pool (LGIP) - Longer Term
In 2016, the Wyoming State Legislature authorized any county, municipality, school district or any other local government entity to participate in the WYO-STAR II Program.
The Treasurer’s Office will establish the WYO-STAR II program in accordance with the Wyoming Statutes similar to the original WYO-STAR; however, the funds will be invested for a longer period of time. Check back periodically as we will post updates regarding policies and rule making for this new investment opportunity.
WYO-STAR Contact Information
- Cindy Braden
- Investment Accountant
- Email: wyostar@wyo.gov
- Phone: 307-777-7297
