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Commissioners approve investment-advisor recommendations; staff told to review upcoming CD roll
Summary
Following a market update, the Board voted unanimously to adopt the recommendations of the county's investment advisor, including watching a March 11 CD maturity and considering reinvestment or placement in the Florida Prime pool.
The Seminole County Board of County Commissioners voted unanimously on Feb. 25 to implement the recommendations offered by the county's investment advisor following a market briefing that emphasized the Federal Reserve’s pause, inflation dynamics and upcoming maturities.
Scott McIntyre, the county’s investment advisor, told commissioners that the Fed had held rates steady and that market direction…
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