Snellville Funds To Join Georgia Fund 1 Investment Pool

The City of Snellville is considering resolutions 2026-04 through 2026-08 to authorize multiple city funds to invest surplus balances in Georgia Fund 1, the state-managed local government investment pool. Participation would move funds from low-yield bank accounts into higher-yield pooled investments under the LGIP Trust Policy.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Minimum of 30% of initial deposit for no less than 30 days; subsequent deposits per LGIP Trust Policy

Renewal

Ongoing investment relationship under the LGIP Trust Policy; deposits and withdrawals may be adjusted over time subject to policy and statutory requirements. No fixed end date; participation continues until the city withdraws or the program changes.

Document type

AgendaPacket

Source document

City of Snellville AgendaPacket 2026-07-27

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Snellville?

Georgia Fund 1 Gf1 was awarded this financial services contract by City of Snellville, as recorded on July 27, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Snellville AgendaPacket 2026-07-27 (AgendaPacket), dated July 27, 2026 from City of Snellville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Georgia Fund 1 Gf1 hold?

Georgia Fund 1 Gf1 may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Georgia Fund 1 Gf1's profile

What is City of Snellville currently buying?

Explore City of Snellville's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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