A Simple Solution for Complex Challenges:
Municipal finance officers face the complex challenge of balancing liquidity with safely maximizing investment returns. AMLIP makes it simple by offering a safe, effective solution that enhances yields while maintaining the liquidity needed for day-to-day operations. With no membership fees and transparent reporting, AMLIP takes the complexity out of municipal cash management.
Contact Blake Phillips or Lindsey Cashman to learn how AMLIP can simplify your municipality's or school district's financial management.
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Series I Recap
The month opened with a $810,984,235 share balance and closed with a balance of $822,702,820. The seven-day effective yield ended the month at 4.25%. The monthly seven-day average effective yield for the month was 4.27%. Average maturity ended the month at 10 days.
At the end of the month, the Series I portfolio had 16% of its portfolio assets allocated to overnight investments/cash, corporate securities made up 6% of the assets, Commercial Paper represented 15%, CDs represented 8%, and Treasury & Agency represented 55%.
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Series II Recap
The month opened with a $114,314,568 share balance and closed with a balance of $114,465,127. The thirty-day SEC yield ended the month at 3.91%.
At the end of the month, the Series II portfolio had 2% of its portfolio assets allocated to overnight investments/cash, corporate securities made up 22% of the assets, Commercial Paper represented 19%, CDs represented 13%, and Treasury & Agency represented 44%.
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Comparisons
On April 25th, 2025, the S&P AAA & AA Rated GIP Tax 30 Day Yield Index was 4.33%, the Series I Pool's 7-day SEC effective rate was 4.25%, and the Series II Pool’s 30-day SEC effective rate was 3.74%. All Pool rates are quoted net of fees and expenses.
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Cheyenne Heindel - President
Matanuska-Susitna Borough
Melissa Haley
City & Borough of Sitka
Mason Villarma
City & Borough of Wrangell
Kris Erchinger
City of Whittier
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Angie Flick - Vice President
City & Borough of Juneau
Jody Tow - Treasurer
Petersburg Borough
Brennan Hickok
AMLJIA
Nils Andreassen - Executive Director
Alaska Municipal League
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AMLIP Membership
If any of your local school districts or municipal agencies are interested in enrolling, please reach out to info@amlip.org.
90 Members Representing 239 Total Accounts
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Adak, City of
AIDEA
Akutan, City of
Alaska Association of Municipal Clerks
Alaska Govt Finance Officers Association
Alaska Municipal League
Alaska Municipal Management Association
Aleknagik, City of
Aleutians East Borough
AML/JIA
Anderson, City of
Angoon, City of
Annette Island School District
Atka, City of
Atqasuk, City of
Bethel, City of
Brevig Mission, City of
Bristol Bay Borough
Chevak, City of
Chuathbaluk, City of
Cold Bay, City of
Cordova, City of
Delta Junction, City of
Denali Borough
Dillingham, City of
Eagle, City of
Eek, City of
Egegik, City of
Elim, City of
Fairbanks North Star Borough
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Fairbanks, City of
False Pass, City of
Fort Yukon, City of
Galena, City of
Gustavus, City of
Haines, City and Borough
Homer, City of
Hoonah, City of
Huslia, City of
Juneau, City and Borough
Kachemak, City of
Kake City School District
Kenai Peninsula Borough
Kenai, City of
Ketchikan Gateway Borough
King Cove, City of
Kodiak Island Borough
Kodiak, City of
Kotzebue, City of
Koyuk, City of
Manakotak, City of
Marshall, City of
Matanuska-Susitna Borough
McGrath, City of
Mekoryuk, City of
Mekoryuk, Village of
New Stuyahok, City of
Nome, City of
North Pole, City of
Northwest Arctic Borough
Nulato, City of
Old Harbor, City of
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Nulato, City of
Old Harbor, City of
Palmer, City of
Pelican City School District
Pelican, City of
Petersburg School District
Petersburg Borough
Pilot Station, City of
Pribilof School District
Quinhagak, City of
Sand Point, City of
Selawik, City of
Seldovia, City of
Seward, City of
Sitka, City and Borough
Soldotna, City of
Southwest Alaska Municipal Conference
St. Paul, City of
Tenakee Springs, City of
Toksook Bay
Unalakleet, City of
Unalaska, City of
Upper Kalskag, City of
Utqiagvik, City of
Wasilla, City of
Whale Pass, City of
Whittier, City of
Wrangell School District
Wrangell, City and Borough
Yakutat, City and Borough
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Interested in enrolling one of your municipal agencies or school districts?
Contact us at info@amlip.org!
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Account information:
Brian Crosby
Vice President and Sr. Relationship Manager
216-689-5190
brian_crosby@keybank.com
Kris Nedwick
Vice President and Sr. Relationship Manager
907-564-0409
kris_nedwick@keybank.com
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Investment Related Questions:
Blake Phillips
Director of Institutional Solutions
907-646-3505
blake@apcm.net
Lindsey Cashman
Client Relationship Manager
(907) 646-3532
lindsey@apcm.net
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