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.

The Wyoming State Treasurer has established an investment pool in which all WYO-STAR monies are co-mingled for investment purposes. 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 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. This program will be activated after Rules are finalized and the markets make it effective to do so.

WYO-STAR II is a Long-Term Investment Pool in which all WYO-STAR II monies are co-mingled for investment purposes. The minimum transaction size for deposit to the Pool is one thousand five hundred dollars ($1500.00). 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 WYO-STAR II Program will be invested in a manner to obtain the highest return possible consistent with the preservation of the corpus.