Local Government Short-term Loan Program
I am delighted to offer short-term financing to Illinois Funds participants. This is a unique service designed to bring
state and local governments together in partnership with local financial institutions, to provide financial assistance
through short-term, low-cost financing for all sorts of cash flow needs.
The goal of the Illinois Funds Short-term Loan Program is to bridge the gap between immediate needs and the time
when additional revenues can be realized. This service provides an additional source of low-cost funding and may
be used in conjunction with competitive bidding among financial institutions for tax anticipation warrants; to secure
funding in advance of grant, bond, or revenue sources.
Investing in Illinois is priority number one for my administration. I can do that by investing state funds in the market
and by investing in our communities with the cooperation of Illinois’ finest financial institutions.
My staff and I look forward to working with you to help your community meet the needs you have to meet during
good times and bad…everyday.
Judy Baar Topinka
Illinois State Treasurer
To qualify for funding through the Illinois Funds Short-term Loan Program, the applicant must be an eligible
participant of the Illinois Funds Money Market Fund excluding agencies of the State Government, including, but not
limited to the following categories of public services:
Governments Public Education Public Health & Safety
Municipalities School Districts Hospitals
Townships School and Public Libraries Nursing Homes
Counties Community Colleges Fire Departments
Education Service Centers Police Departments
Public Utilities Regional Offices of Education Sanitary Districts
Water & Sewer Mosquito Abatement Dist.
Water Reclamation E9-1-1 Phone Systems
Electric & Gas Sheriff’s Departments
Public Transportation Recreation & Agriculture Other Public Agencies
Tollway Authorities Soil & Water Conservation Dist. Cemetery Districts
Mass Transit Districts Park & Recreation Districts Intergovernmental Agencies
Road & Bridge Districts Farm Drainage / Levee Districts Planning Commissions
Airport Authorities Forest Preserve Districts Building Commissions
Highway Departments Housing Authorities
Port Authorities …and many more
A Linked-Deposit Low-Interest Loan Program
Offered by Illinois State Treasurer Judy Baar Topinka
Another Financial Service of the Illinois Funds