Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Treasurer reports historic $202 million pool earnings for fiscal 2025; warns yields may fall
Summary
Ventura County Treasurer‑Tax Collector Sue Horgan reported the county’s investment pool earned roughly $202 million in fiscal year 2025, a historic high; staff cautioned federal rate cuts and market volatility make such returns unlikely in coming years.
Ventura County Treasurer‑Tax Collector Sue Horgan told the Board of Supervisors on Sept. 30 that the county’s pooled investments generated approximately $202 million in earnings for fiscal year 2025, noting the county’s average daily balance was about $4.7 billion in June and reached a high of $5.2 billion in April.
Horgan said the pool’s net effective rate of return was 4.31% in June…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
