City Continues Investments Through Missouri Securities Investment Program
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Description
Under a 2008 intergovernmental cooperation agreement, the City of Maryland Heights continues to invest excess funds through the Missouri Securities Investment Program, including its Liquid Series. These investments generated about $650,000 in interest revenue for the City in 2024.
Contract Details
Vendor
MISSOURI SECURITIES INVESTMENT PROGRAM
Agency
City of Maryland Heights, MO
Contract Type
FINANCIAL_SERVICES
Document Date
August 18, 2025
Contract Term
Ongoing since authorization on March 6, 2008
Renewal Info
Standing intergovernmental cooperation agreement authorizing ongoing investments in MOSIP; no fixed renewal date is specified, and investments are made and withdrawn as needed.
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