Through the PMIA, the State Treasurer invests taxpayers’ money to manage the State’s cash flow and strengthen the financial security of local governmental entities.
Director of Investments
Assistant Director of Investments
State Treasurer's Office
Pooled Money Investment Account
915 Capitol Mall, Room 106
Sacramento, CA 95814
P.O. Box 942809
Sacramento, CA 94209-0001
Additional Investment Information
Local Agency Investment Fund
Time Deposit Program
Through the Pooled Money Investment Account (PMIA), the State Treasurer invests taxpayers’ money to manage the State’s cash flow and strengthen the financial security of local governmental entities. PMIA policy sets as primary investment objectives safety, liquidity and yield. The PMIA has three primary sources of funds: the State general fund; special funds held by State agencies; and moneys deposited by cities, counties and other entities into the Local Agency Investment Fund (LAIF).