As many readers know, the Washington State Legislature has become increasingly interested in the idea of a state bank. Though the proposal has taken many forms, the most recent legislation would allow a state bank (also referred to as a state public financial
cooperative) to issue debt as a cooperative membership organization to support state, local, and tribal governmental entities.
AWC needs your input to inform our advocacy efforts. We support efforts to allocate greater funds for city infrastructure and would like to understand cities’ interest and concerns regarding the state bank concept. We encourage
you to complete our brief survey to convey your city’s hopes and fears—your feedback is critical to informing our advocacy efforts.
To take the survey, click here. We ask that you do so prior to Wednesday, October 20. To learn more about the state bank initiative,
click here. Feel free to contact us if you have technical issues or questions about the survey.