Investment Pool
The King County Investment Pool invests cash reserves for all County agencies and approximately 100 special districts and other public entities such as fire, school, sewer and water districts and other public authorities. It is one of the largest investment pools in the State, with an average asset balance of nearly $5 billion. On average, County agencies comprise 40 percent of the pool and outside districts 60 percent.
The Executive Finance Committee(EFC) establishes County investment policies and oversees the investment portfolio to ensure that specific investments comply with both those investment policies and State law. The Pool is only allowed to invest in certain types of highly-rated securities, including certificates of deposit, U.S. treasury obligations, federal agency obligations, municipal obligations, repurchase agreements and commercial paper.
April Gross Pool Earnings Rate: 2.26%
Policies
- Investment Policy July 2017 (684KB, PDF)
Agreements
- Investment Services Agreement (35KB, PDF)
- Cash Management Services Agreement (21KB, PDF)
2018 IPAC Meetings
- February 14
- May 9
- August 8
- November 14
2019 EFC Meetings
- January 23
- February 21
- March 21
- April 18
- May 16
- June 20
- July 18
- August 15
- September 19
- October 17
- November None
- December 5
Newsletter
Quarterly Pool Reviews
Sep. 2018 (385KB PDF)
Jun. 2018 (339KB PDF)
Mar. 2018 (336KB, PDF)
Dec. 2017
(306KB, PDF)
Sep. 2017
(279KB, PDF)
(264KB, PDF)
Mar. 2017
(274KB, PDF)
(292KB, PDF)
Sep. 2016
(304KB, PDF)
(296KB, PDF)
Mar. 2016
(296KB, PDF)
(320KB, PDF)
Sep. 2015
(298KB, PDF)
(299KB, PDF)
Mar. 2015
(339KB, PDF)
(325KB, PDF)
Sep. 2014
(461KB, PDF)
(406KB, PDF)
Mar. 2014
(352KB, PDF)
EFC Meeting Agendas/Mins./Rpts.
GASB 40 Disclosure Info
Investment Pool Advisory Committee Meetings
Annual rebate
Creating a Public Bank Issue Paper
Creating a Public Bank Issue Paper (281 KB,pdf)