“I would like to take this opportunity to acknowledge the professionalism, customer service and PATIENCE of your Michelle Brooks.

I took over the operations in the fiscal office here at the Commission on the Arts the end of June last year. I have been extremely grateful for the help that Michelle has provided me as I have been learning about our interest bearing accounts with the State Treasurer.

Her patience with my questions and her clear instructions and explanations have allowed me to learn and do my job much better.

Please accept these remarks and consider them as a "well done" on customer service! “
Diana Marczak

Local Government Investment Pool (LGIP) Performance

March 2008 Performance Statistics

The LGIP is a diversified short-term investment portfolio open to all public entities in the State of Arizona. The LGIP operates by pooling local government monies and investing them using the investment expertise of the Arizona State Treasurer's Office.

Any public entity in the state may participate in the LGIP program. It is structured to provide participants safety of principal, daily liquidity and a high rate of return -- in that order.

LGIP vs Benchmark Yield Analysis.

The LGIP-Gov is a short-term investment portfolio which invests solely in securities/collateral that are backed by the full faith and credit of the U.S. Government and is open to all public entities in the State of Arizona. The LGIP-Gov operates by pooling local government monies and investing them using the investment expertise of the Arizona State Treasurer's Office.

Any public entity in the state may participate in the LGIP-Gov program. It is structured to provide participants safety of principal, daily liquidity and a high rate of return -- in that order.

LGIP-Gov vs Benchmark Yield Analysis.

The LGIP Long-Term is a longer term diversified mix of high quality investments and is open to all public entities in the State of Arizona. The portfolio manager does not seek to maintain a $1.00 net asset value (NAV) The LGIP Long-Term operates by pooling local government monies and investing them using the investment expertise of the Arizona State Treasurer's Office.

Any public entity in the state may participate in the LGIP Long-Term program. Redemption and purchases of shares are limited to the first business day of the month.

LGIP Long-Term vs Benchmark Yield Analysis.