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Trumbull County advisory committee accepts Q4 2024 investment report; policy unchanged
Summary
The Trumbull County Investment Advisory Committee on Jan. 29 accepted its fourth-quarter 2024 investment report, noting record interest income for the year and approving the county investment policy with no changes.
The Trumbull County Investment Advisory Committee on Jan. 29 accepted the treasurer’s fourth-quarter 2024 investment report and approved the county’s existing investment policy with no changes.
Chief Deputy Gearhart of the treasurer’s office presented the quarterly and annual reports, saying the county had approximately $134.9 million invested at month-end December 2024 and that quarterly interest on securities totaled $211,233.33. The committee also reviewed security purchases, maturities and the office’s year-end interest totals.
The report shows four security purchases during the quarter totaling $3.25 million…
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