District Uses LGIP for Investing Excess Funds
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Description
Oceanside Water District continues to utilize the Local Government Investment Pool to invest excess cash and debt service reserves, earning about 4% interest. LGIP plays a key role in the District’s strategy to maximize interest income.
Contract Details
Vendor
LOCAL GOVERNMENT INVESTMENT POOL
Agency
Oceanside Water District, OR
Contract Type
FINANCIAL_SERVICES
Document Date
May 26, 2026
Contract Term
Ongoing as of FY 2026-2027
Renewal Info
Ongoing participation in the state-run investment pool; no specific renewal date or term stated.
More from LOCAL GOVERNMENT INVESTMENT POOL
More from Oceanside Water District
Oceanside Water District Budget Message FY 2026-2027
Oceanside Water District Budget Message FY 2026-2027
Oceanside Water District Budget Message FY 2026-2027
Oceanside Water District Budget Message FY 2026-2027
Oceanside Water District Budget Message FY 2026-2027
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