WyoSTAR: 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 WyoSTAR Program.

The Wyoming State Treasurer has established a WyoSTAR I Short-Term Investment Pool in which all WyoSTAR I monies are co-mingled for investment purposes. The minimum transaction size for a deposit to the pool is $1,000.00 and transactions can only be initiated on a monthly basis.

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 Pool does not have a guaranteed rate of return, and Participants expose their investments to market losses as well as gains.

The WyoSTAR 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.

WyoSTAR 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 WyoSTAR II Program.

WyoSTAR II is a Long-Term Investment Pool in which all WyoSTAR II monies are co-mingled for investment purposes. The minimum transaction size for a deposit to the pool is $25,000.00 and transactions can only be initiated on a quarterly basis. Funds must be invested for a minimum term of three (3) months. Pool participants are subject to an early withdrawal penalty.

Each participant will have 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 will be distributed to participants based on each entity’s average daily cash balance in the pool. Interest will be calculated and credited to the participant accounts monthly. The Pool does not have a guaranteed rate of return, and Participants expose their investments to market losses as well as gain

The WyoSTAR II Program will be invested in a manner to obtain the highest return possible consistent with the preservation of the corpus.

WyoSTAR III: LONG-TERM LOCAL INVESTMENT
EQUITIES POOL

In 2024, the Wyoming State Legislature authorized any county, municipality,
school district or any other local government entity to participate in the WyoSTAR
III Program.

WyoSTAR III is a Long-Term Investment Equities Pool in which all WyoSTAR III
participants shall have a claim to the specific number of shares in their account.
The minimum initial deposit to the pool is $5,000,000.00 and must be invested for
at least 5 years before a withdrawal can be made. A five percent penalty is
imposed on early withdrawals. Once the five years have lapsed, subsequent
transfer amounts for deposits or withdrawals shall be at least $1,000,000.00.

Participants will also need to submit acknowledgments stating they understand
the risk of loss in of some or all of the amount invested, provide proof of
authorization from the participants’ governing body allowing investment in
equities, and provide their investment policy statement allowing for investment in
equities.

All dividends earned, minus fees, will be reinvested. Shares will be redeemed at
the current market price, resulting in realized capital gains or losses. The Pool
does not guarantee a rate of return, and Participants expose their investments to
both market losses and gains.

The WyoSTAR III Program will be invested in a manner to obtain the highest
return possible consistent with the preservation of the corpus.