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Deschutes County treasurer reports portfolio dip, continued liquidity and vacancy savings
Summary
County Treasurer updated commissioners on market conditions, portfolio yields and short‑term liquidity; finance staff provided the county’s unaudited January financials and a timeline for the FY‑2025 budget process.
Robert Tuttel, Deschutes County chief financial officer, and the county treasurer presented the county’s January financials and economic outlook at the Feb. 20 meeting.
Tuttel summarized national and regional economic indicators affecting county investments, noting recent market volatility tied to federal policy developments and trade negotiations. He said continuing budget‑resolution deadlines at the federal level and the federal debt‑ceiling status are near‑term risks to watch.
The treasurer reported the county portfolio balance at roughly $359.3…
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