About VML/VACo Finance
VML/VACo Finance was established in 2003 pursuant to resolutions unanimously adopted by the Boards of Directors of the Virginia Municipal League (VML) and Virginia Association of Counties (VACo). Our core competency is pooling resources on behalf of local governments in order to provide superior financial services at lower costs. Each of our programs is designed to benefit the entire range of local governments represented within the memberships of VML and VACo, as well as the school divisions, authorities, and other governmental entities that provide essential services to their constituents.
Since its founding, VML/VACo Finance has made over $750 million in loans to Virginia localities. The VACo/VML Pooled OPEB Trust, created in 2008, today manages invested assets of approximately $400 million.
Click on the links above to learn more about the people who lead the entities that comprise VML/VACo Finance:
- Virginia Local Government Finance Corporation: the program administrator
- IDA of Stafford County and Staunton, Virginia: the issuer of our bonds and notes
- VACo/VML Pooled OPEB Trust: a trust fund jointly founded by Fairfax County and Henrico County, and now consisting of dozens of Virginia localities
- VML/VACo Finance Staff