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Warren County treasurer reports more than $1 million in investment income; announces retirement
Summary
Warren County Treasurer Barney reported more than $1 million in investment income, reminded residents that second-half tax bills are due next Wednesday, and confirmed he will retire; commissioners praised his service and discussed the county's investment advisory committee membership.
Barney, Warren County treasurer, told the commission that the county earned "over a million dollars in investment income" in the past year as maturing, lower-rate holdings were reinvested at higher yields. "Mature, with the lower rates that we had to buy when everything was pushed down or maturing, and we can reinvest those at higher rates," he said.
The comments came during the required quarterly meeting of the county's investment advisory committee, which the commission said…
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