Ohio cities, schools investment plan reaches $1 billion

JULIE CARR SMYTH | AP
Published: 04/24/2013

COLUMBUS, Ohio (AP) — A new state investment program that’s offering Ohio school districts, cities and libraries higher yields and easier access to their invested income has surpassed the $1 billion mark, the state treasurer said Tuesday.

Crossing that threshold is evidence that the STAR Plus program has soared in popularity since its inception in June, Republican Treasurer Josh Mandel said. He said it’s attracted 320 government accountholders from around the state.

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