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City Administrator says new LGIP account opened through State Treasurer's Office; interest to be monitored

Chesnee City Council · September 8, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Chesnee City officials said a new LGIP savings account was opened through the South Carolina State Treasurer's Office; staff will review interest on monthly statements and report back.

City Administrator Delisa Coggins told the Chesnee City Council on Sept. 8 that the city opened a new Local Government Investment Pool (LGIP) savings account through the South Carolina State Treasurer's Office and will review monthly statements to examine interest earned.

The clarificatio…

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