Understanding the investment needs of Illinois public funds, the creators of IMET established a platform for competitive fund concepts to meet Illinois governments unique investing needs. IMET seeks to provide attractive options for investment of core cash, liquid funds, bond proceeds, capital funds and one-to-three year dollars. In addition, IMET seeks to provide tools and resources to help Illinois public entities with investing.
To assist IMET participants to implement GASB 8, IMET is partnering with DebtBook to offer DebtBook’s powerful software solution at attractive pricing (for IMET participants).
GASB 87 is changing the reporting requirements of organizations just like yours that have leases for assets (including real estate, vehicles and equipment). DebtBook software will help you:
- Review, identify, inventory all your leases
- Be aware of other contractual arrangements that contain lease provisions
- Make necessary changes to comply with the Standard
- Document the required disclosures
- Be ready for your next audit
Contact Sofia Anastopoulos to learn about this beneficial tool!
IMET offers Arbitrage Rebate Calculation Services (ARCS) through an agreement with Ice Miller. The ARCS are available to all IMET participants that issue debt and may incur a liability under the Internal Revenue Code and Regulations. IMET participants benefit from special pool pricing to IMET for the calculation services, and under certain conditions, participants can take advantage of the ARC Services at NO charge to the participant.
To learn more about IMET’s ARCS, contact Sofia Anastopoulos
Cash Flow Model
Participants have exclusive access to a MuniCast simplified cash flow forecast model that projects revenues, expenditures and associated balances into the future. This tool helps identify liquid and core segments of portfolios, enhance investment earnings and better manage market and liquidity risks.
Investing public funds is different than other forms of investing. This is precisely why IMET has created the IMET Investing Encyclopedia: Ask Sofia… Presented in an easy-to-understand Question & Answer format. IMET’s Encyclopedia is organized in the following components:
- Policy Questions
- Policy Components
- Investment Products
- Portfolio Management
- Fixed Income 101
- Key Takeaway
We hope that you will bookmark this resource and add it to your toolbox of investing.
26th Annual Participants' Meeting
IMET is thrilled to announce a service IMET is now making available to our participants.Read more