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.
Forms and Instructions
For more information about the Local Government Investment Pool, please contact:
LGIP Accounting Manager
Director of Investments Management
If you have any questions about LGIP please email email@example.com