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 87, 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!
Arbitrage Rebate Calculation Services
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.
In this month's newsletter, you can see the conferences and events IMET will be participating in over the next few months, learn about DebtBook and how you can take part in their webinar discussing their services on May 17th, read about additional services IMET offers participants, review the latest economic update, and view the performance report for April 2023.Read more
In this month's newsletter, you can see the overview on the IMET Annual Participant Meeting that took place on March 21st at the NIU Conference Center in Naperville, read about the additional services IMET offers participants, review the latest economic update, and view the performance report for March 2023Read more
In this month's newsletter, you will get a reminder to register for the IMET Annual Participant Meeting happening March 21st at the NIU Conference Center in Naperville, read Sofia's perspective on inflation in Sofia's Spot, and get an economic update and a performance overview for February for IMET funds.Read more
In this month's monthly newsletter, you will learn about and be able to register for the IMET Annual Participant Meeting happening March 21st in Naperville, learn about the Arbitrage Rebate Calculation webinar presented by Ice Miller on February 22nd at 10am CST, read about IMET Funds Performance, see all the upcoming events IMET will be participating in the coming months, review the latest economic update, and view the performance report for January 2023.Read more