Treasury Department INVEST Program for Local Governments, INVEST Daily, and INVEST Community Pools – Audit Period Ending December 31, 2022

The Commonwealth of Pennsylvania’s Treasury Department operates the INVEST Program, a diversified investment portfolio for local governments and non-profit entities, offering the INVEST Daily Pool and INVEST Community Pool. These pools provide a low-cost, liquid investment mechanism with no balance requirements or minimum investment terms to meet short-term cash needs. The program prioritizes safety of principal, liquidity, and income. An independent auditor’s report on December 31, 2022, confirms that the financial statements fairly present the pools’ financial positions, adhering to accepted U.S. accounting standards. The audit ensures sound financial reporting and compliance with governmental standards.