Politics & Government

Woodinville Water District Commissioner Honored for King County Investment Pool

Ken Goodwin is honored by the Washington Association of Sewer and Water Districts for his recommendations on reforming the investments.

The Washington Association of Sewer and Water Districts has recognized Commissioner Ken Goodwin for outstanding representation on behalf of Section 4 on the King County Investment Pool Advisory Board and Voluntary Employees’ Beneficiary Association (VEBA) Board Member to Represent all Special Purpose Districts.

Ken has made vital recommendations for reforming the King County Investment Pool and represents Special purpose districts.  The creation of the permanent advisory committee was recommended by the King County Investment Pool Advisory Panel in 2008. The panel was formed in response to the identification of four of the pool’s commercial paper investments, totaling $207 million, as impaired and at risk.

The King County Investment Pool invests the cash reserves for all county agencies and approximately 100 special districts and public entities, including fire, school, sewer, and water districts within the county. The pool’s assets total approximately $4.5 billion.   The advisory committee is comprised of 10 members, including representatives from school, fire, water, sewer, and other districts, county fund managers, the county treasury manager, and a private citizen who is an investment professional.

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The committee’s purpose is to help ensure that the pool’s policies, practices and portfolio reflect the needs and goals of its members. Ken also serves on the VEBA Board of Directors to ensure that Special Purpose District interests are effectively represented. 

The Recognition Ceremony will take place on Thursday Sept. 29 at the Washington Association of Sewer & Water Districts Annual Conference in Wenatchee. 

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Founded in 1996 the Washington Association of Sewer and Water Districts represents Washington State’s special purpose sewer and water districts. Special purpose sewer and water districts provide services to 30% of the population in the state of Washington. There are 176 special purpose sewer and water districts in the state. 

The Association’s role is to provide education and assistance for elected district commissioners and continuing education classes for certified water and wastewater treatment plant operators. The Association also represents special purpose districts in the Washington Legislature and with state and local agencies.


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