Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the County Finance topic
No spam. Unsubscribe anytime.
County treasurer reports investment balances and auction proceeds to supervisors
Summary
Warren County treasurer provided an investment and operating report for May and said the county’s recent auction returned roughly half a million dollars before fees.
The county treasurer presented financial figures including investment balances, interest totals and auction proceeds at the Board of Supervisors meeting.
The treasurer said total holdings across county investment accounts are in the multi‑million dollar range and provided line‑by‑line balances for specific accounts. The investment pool (VIP) balance was reported in the meeting packet at roughly $10,000,052.17. The treasurer said interest totals for May included approximately $72,111.67 across accounts and that the investment pool interest rate for May was about 4.42 percent. The treasurer also reported the county’s recent auction generated roughly $500,000 in gross proceeds before fees and said more auctions are planned later in the year.
The treasurer did not ask the board to take any formal action; packets will be circulated and the treasurer said she would email detailed reports to supervisors the next day.
