OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Issue Position: Investment Division

Issue Position

Date: Jan. 1, 2014
Issues: Finance and Banking

Outperformed the 90 day Treasury bills benchmark for three consecutive years.

Outperformed the 90 day Federal funds benchmark for three consecutive years.

LGIP outperformed the 90 day Treasury bills benchmark for three consecutive years.

The BidSC Program's quarterly CD auctions have generated an additional $441,972 in earnings over the last three years.

Provided investment services at a cost of less than .014% compared to an industry average of .10%.

Increase in LGIP participants utilizing the Internet Participants Access System resulting in cost-savings and increased efficiencies.

Renegotiated the LGIP advisor contract.

LGIP program meeting all internal controls per the external audit.

Enhanced LGIP website to publicize the program and uploaded an online video testimonial from two LGIP participants and supporters.


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