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Trumbull County investment advisory board accepts first-quarter 2025 report; no policy changes
Summary
On April 30 the Trumbull County Investment Advisory Board voted unanimously to accept the treasurer’s first-quarter 2025 investment report. Chief Deputy Sam Gearhart reviewed balances, recent security purchases and interest receipts; the board reviewed the investment policy and made no changes.
The Trumbull County Investment Advisory Board on April 30 voted 3-0 to accept the treasurer’s first-quarter 2025 investment report after a presentation by Chief Deputy Sam Gearhart. Treasurer Lamacusa and Commissioners Hernandez and Bernard voted to approve the report.
Chief Deputy Sam Gearhart told the board that as of March the county had about $134,900,000 invested and walked members through the quarterly package, which included CD and securities activity, an interest-versus-fees comparison and the daily Form 6 cash and investment statement. "Today, I have provided, all of you at your…
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