VML/VACo FINANCE
Financial services of the Virginia Association of Counties, including financing, municipal advisory and accounting services; Virginia Investment Pool and Pooled OPEB Trust.
Robert Lauterberg, Managing Director
rlauterberg@valocalfinance.org
8 East Canal Street, Richmond, VA 23219
804.648.0635 | www.valocalfinance.org
VML/VACo Finance is the financial services arm of the Virginia Municipal League (VML) and Virginia Association of Counties (VACo). We provide a range of high-quality financial services at competitive prices, a goal achieved through cost-sharing and economies of scale. We offer financial services in four areas:
Financing & Municipal Advisory
Since 2003, VML/VACo Finance has assisted Virginia municipalities and authorities with financing more than $1.2 billion in capital projects and equipment. As an MSRB-registered municipal advisor, we help you select the most cost-effective financing source suited to your unique requirements. We assist local officials with municipal bonds, bank loans, state loan programs, and equipment leasing. We also provide Plans of Finance, Credit Benchmark & Debt Capacity Analysis, and related planning services.
Virginia Investment Pool
The Virginia Investment Pool (VIP) is an investment pool developed by local Treasurers and Chief Investment Officers in Virginia to pool their funds and invest at the direction of a professional fund manager. VIP offers investment choices for short, intermediate and long-term funds through three investment options: 1) the Stable NAV Liquidity Pool; 2) the 1-3 Year High Quality Bond Fund; and 3) Fixed Term Portfolios.
VACo/VML Pooled OPEB Trust
With more than $2 billion in assets, the VACo/VML Pooled OPEB Trust is the largest OPEB investment pool in the U.S. The Pooled OPEB Trust offers two professionally managed investment portfolios for Virginia localities and authorities seeking to set aside funds and generate investment returns to offset OPEB liabilities.
Accounting Services
VML/VACo Finance provides quality, affordable accounting services to Virginia localities and authorities on an interim basis.
All our programs are designed to benefit a wide range of localities, including towns, cities, counties, school divisions, and authorities of all sizes and credit strengths. For more information, contact Steve Mulroy at 804.648.0635 or info@valocalfinance.org. Visit our website at www.valocalfinance.org.