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Treasurer reports stronger-than-expected interest income; county revenue forecast raised
Summary
Delaware County Treasurer Brad Polk told council members that August interest receipts were $270,366, bringing eight‑month interest income to $2,024,003 and prompting staff to raise near‑term revenue forecasts for budget planning.
Delaware County Treasurer Brad Polk told the County Council on Sept. 4 that interest income for August totaled $270,366, bringing interest receipts for the first eight months of 2025 to $2,024,003.
Polk said those receipts are above earlier projections and that, barring major rate changes, interest revenue for the full 2025 fiscal year is likely to end up around $3.1 million. “For August we’re at $270,366 … for the year so far in 8 months $2,024,003,” Polk said, adding later, “I’m gonna say 3.1.”
Why this matters: The treasurer’s update directly affects the revenue…
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