Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Boulder County treasurer says county invests $24 million locally, keeps strict legal limits
Summary
Treasurer Paul Wiseman told commissioners that the county invests heavily in local banks and municipal bonds, holding about $24 million in local CDs, up to $48 million peak in local instruments, $50 million in federal securities, and follows statutory restrictions such as the Public Deposit Protection Act.
BOULDER, Colo. — Boulder County Treasurer Paul Wiseman briefed the board on the county’s investment practices during the Sept. 4 meeting, saying the county prioritizes safety and local investment while following statutory restrictions. Wiseman said the county does not buy or sell stocks by law and instead focuses on safety, liquidity and yield, with an added priority on local investment. “What we've done is we've put $24,000,000 in local banks, 2‑year $1,000,000 CDs…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
