About Iowa LGRP

IOWA LGRP BACKGROUND

The Iowa Local Government Risk Pool Commission (Iowa LGRP) is organized under Iowa Code Chapter 28E, founded in the fall of 2019 by three originating K-12 public school districts in an effort to provide greater stability to school district budgets by pooling risks.  Iowa LGRP is serviced by WoodRiver Energy & ISFIS, with decades of combined energy service experience working with Iowa schools and local governments.

A local government risk pool is a term used when governmental entities (such as cities, counties, or school districts) join together in a group to collectively reduce costs, increase their buying power, or reduce risks.  A local government risk pool can be made between multiple school districts, between a school district and a city, or between various combinations and numbers of local governmental entities.  The term local government risk pool is used and referenced in federal and state legislative code.  There are many examples of local government risk pools which involve Iowa school districts, such as cash management programs, health insurance pools, and many more. 

Currently, Iowa LGRP offers only one program, called the Education Energy Group Program, a natural gas risk management program for Iowa public school districts.  Iowa LGRP does not intend to create any other programs or invite governmental entities other than Iowa public school districts into the organization at this point in time, though the 28E Agreement authorizes it to do so. The Board of Directors would have the authority to expand programs in the future. 

 

Our Board

Prairie Valley CSD

Brian Johnson

Prairie Valley School District
1111 Beek Street
Gowrie, IA  50542

(515) 352-3173

Union CSD

Travis Fleshner

Union CSD
200 Adams Street
La Porte City, IA  50651

(319) 342-2674

Clarion-Goldfield-Dows CSD

Bob Olson

Clarion-Goldfield-Dows CSD
120 Central Avenue E
Clarion IA  50525

(515) 532-3423

Our Staff Partners

Don Krattenmaker

WoodRiver Energy

Don Krattenmaker, Partner
WoodRiver Energy, 3300 East 1st Avenue, Suite 600, Denver, CO, 80206
don.krattenmaker@woodriverenergy.com
(888) 510-9315

Larry Sigel

ISFIS

Larry Sigel, Partner
ISFIS, 1201 63rd Street, Des Moines, IA, 50311
larry@iowaschoolfinance.com
(515) 251-5970 x3

Jen Albers

ISFIS

Jen Albers, Director of Finance & Operations
ISFIS, 1201 63rd Street, Des Moines, IA, 50311
jen@iowaschoolfinance.com
(515) 251-5970 x4

Jon Muller

ISFIS

Jon Muller, Partner
ISFIS, 1201 63rd Street, Des Moines, IA, 50311
jon@iowaschoolfinance.com
(515) 251-5970 x7

Testimonials

The Iowa LGRP is a tool that mitigates the risk inherent to the purchase of natural gas in potentially
volatile markets that eliminates risk to our General Fund
Bob Olson
Clarion Goldfield Dows Community School District

Our Providers