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LITCHFIELD TOWNSHIP RESOLUTION 042023 A RESOLUTION AUTHORIZING INVESTMENT OF TOWNSHIP FUNDS IN THE STATE TREASURY ASSET RESERVE OF OHIO WHEREAS, The State Treasury Asset Reserve of Ohio (STAR Ohio)
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STAR Ohio is a state investment pool in Ohio that allows public agencies to invest their funds in a diversified and liquid investment option.
Public agencies, including municipalities, counties, townships, school districts, and other political subdivisions in Ohio are required to file STAR Ohio.
To fill out STAR Ohio, public agencies need to complete an enrollment form, provide required documentation, and submit it according to the instructions provided by STAR Ohio.
The purpose of STAR Ohio is to provide public agencies in Ohio with a safe and efficient investment platform for idle funds while earning competitive returns.
Agencies must report their invested amount, account information, and any changes to their investment strategy or status.
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