MOCAAT Update
With the support of Cooperating School Districts of Greater Kansas City and three other sponsoring associations, MOCAAT launched on September 24, 2020, and a Board of Directors was formed to oversee the operations and performance of the Program. MOCAAT engaged with PTMA Financial Solutions to provide a complete investment program for Missouri school districts. The thought process behind opening a new Local Government Investment Pool (LGIP) was to bring additional services and competition to the investment market for school districts. Based on the success of MOCAAT over the first 5+ years, it is evident that school districts were looking for additional options.
Currently there are total of 290 school districts and other political subdivisions that have passed the resolution to become a member of MOCAAT. 270 of the 290 members are school districts and 236 of those districts have made an investment within MOCAAT. There are additional school districts that have passed the resolution or are planning to pass the resolution soon and have expanded its membership to other political subdivisions within the state. MOCAAT is currently on pace to reach or eclipse the 300 members mark in the 2026-2027 school year.
MOCAAT eclipsed the $3.9 billion threshold for total assets under management in 2025 and after a successful property tax season in the first quarter of 2026, the fund ended March with $4.5 billion in assets under management.
“MOCAAT offers a wide range of tools and services for Missouri schools, including:
• Competitive Liquid Investment Options
• Term Series and Long-Term Duration Products
• Customized Online Reporting & Transactions
• Cash Flow Management
• Bond Proceeds Management
• Credit Risk Analysis”
Upon their retirement from school administration careers, Jason Hoffman and John Jungmann joined PTMA in the summer of 2021, to represent MOCAAT. With the rapid growth of the fund since these two leaders joined, the MOCAAT team has grown significantly by adding the following team members: Paul Ziegler, Tony Smee, Emily Kelso, Wes Karsten, Megan Foster, Carson Beuchele, Michael Covarrubias, Cannon Garcia, and Max Wiberg. This team actively supports the 290 Missouri members with all things related to investment planning and execution.
In spring 2026,John left MOCAAT to pursue other business opportunities and we wish him the best as he was a huge part of MOCAAT’s beginnings and growth. Fortunately, we were able to have Angie Hughes join the MOCAAT team. She previously served as Executive Director of Business Services at Platte County R-3 School District and most recently served Missouri local governments for PFM Asset Management (MOSIP). Angie will be a tremendous asset to our members and will help us continue to serve our clients with the level of service they have grown to expect.
The positive impact of MOCAAT continues to spread, as other municipalities are regularly reaching out for investment help. We now serve library districts, fire districts, ambulance districts, cities, and other political subdivisions across the state.
If you are interested in learning more about MOCAAT, please reach out to Jason at 573-424-2299 (jason.hoffman@ptma.com).