Local Government Investment Pool

Providing local governments an opportunity to acquire maximum returns

LGIP is an investment mechanism authorized by the Legislature and signed into law on May 13, 1983, to provide local governments an opportunity to acquire maximum returns on investments by pooling available funds with funds from other political subdivisions. Section 6-6-10, Section 12-45-220 and Section 11-1-60 of the 1976 Code of Laws of South Carolina authorize the State Treasurer to sell to all political subdivisions of the State participation units in the Pool, which shall be legal investments for the subdivisions.

  • As of February 2017, there are currently 648 accounts within the pool, totaling nearly $5.7 billion.
  • Participants include 83 municipalities, 46 school districts, 34 county treasurers, and 65 special purpose districts.

LGIP Financial Statements

LGIP June 30, 2016


LGIP Newsletters

February 2017 Newsletter


iPAS

iPAS Quick Start Guide

LGIP IPAS Consent Form

Link To iPAS login


Contact Information

For more information about the Local Government Investment Pool, please contact:

Karen Rinehart
LGIP Accounting Manager
(803) 734-2661
karen.rinehart@sto.sc.gov

West Summers
Director of Investments Management
(803) 734-2641
west.summers@sto.sc.gov

If you have any questions about LGIP please email sto.lgip@sto.sc.gov

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