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Treasurer reports strong CD interest income, seeks funding for motor‑vehicle security and ergonomics
Summary
The County Treasurer reported the county holds about $40 million in CDs and expects roughly $1.5 million in interest this year, and requested funding for motor‑vehicle counter safety glass and adjustable desks.
The County Treasurer reported that Miami County currently holds about $40 million in certificates of deposit and expects investment interest to generate roughly $1.5 million by year end. “Most right currently, I have 40,000,000 in CDs,” the treasurer said, adding recent bids averaged roughly 4.0–4.35% on newly issued CDs.
Why it matters: Higher interest income increases general‑fund resources the commission may consider during budget decisions. The treasurer asked for roughly $263,000 in additional department funding largely tied to security improvements, adjustable desks for staff ergonomics and other office equipment. She emphasized the office’s role in…
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