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Wayne County treasurer reports $57 million interest earned in first nine months, projects $75–78 million for year

5460196 · July 24, 2025
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Summary

Treasury staff reported strong investment returns for the first three quarters, with $57 million earned and a full-year projection of $75–78 million; committee members had no questions and later moved to receive and file the report.

John Kravitz of the treasurer’s office reported to the Wayne County Commission Committee on Ways and Means that the county earned $57,000,000 in interest in the first nine months of the fiscal year and is on track to earn an…

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