Financial Services of the Virginia Municipal League and the Virginia Association of Counties.

Welcome Trey!

Please welcome Trey Amend, Senior Analyst, Investment Programs.  Trey joined the VML/VACo Finance team this month and will focus his efforts on the VACo/VML Pooled OPEB Trust Fund and the Virginia Investment Pool.  Feel free to reach out to Trey with any questions.  Click here to find more information about Trey’s, and the entire VML/VACo Finance team’s background.

Congratulations Meghan!

Meghan Coates, Finance Director, Henrico County, was recently elected to serve on the VACo/VML Pooled OPEB Trust’s Board of Trustees.  Meghan is one of nine Trustees with oversight responsibilities of the Pooled OPEB Trust.  Click here to find more information about the Pooled OPEB Trust and a list of Board members.  Welcome and congratulations Meghan!

Financing & Municipal Advisory Services

Since 2003, VML/VACo Finance has assisted Virginia local governments and authorities in financing more than $1 billion in capital projects and equipment. As an MSRB-registered Municipal Advisor, we help you select the lowest-cost source of financing best suited for your unique requirements. We assist local officials with municipal bonds, bank loans, state loan programs, equipment leasing, and two low-cost programs, exclusive to VML/VACo Finance, with no program closing costs.

VACo/VML Pooled OPEB Trust

The Virginia Pooled OPEB Trust Fund is the largest OPEB investment pool in the U.S. With more than $1 billion in assets, we’re the #1 choice of Virginia localities and authorities looking to invest in a professionally-managed, high earning trust to offset their OPEB liabilities.

VIP – The Virginia Investment Pool

VIP is an investment pool designed by local Treasurers and chief investment officers specifically for Virginia local governments and authorities. Whether you are looking for a stable value fund for day-to-day cash flow requirements or a fund with a longer investment horizon and higher expected return, we have you covered. As of FY 2020, VIP had invested assets of $1.6 billion.

Accounting Services

VML/VACo Finance places seasoned accountants in a variety of local assignments. We assist localities with pre-audit support, supplementing local finance staffs, and filling vacant positions on an interim basis. VML/VACo recently led the accounting team on a major municipal turnaround effort that enabled a locality to catch-up on its seriously past-due financial statements and obtain a clean audit opinion.