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Lake County accepts March pooled-investment report; treasurer warns returns may level off
Summary
The Board accepted the county's March 31 pooled investment report showing a portfolio yield near 4.09% and strong year-over-year returns. County treasurer and investment advisor said future returns could decline if Federal Reserve policy loosens and tariffs slow the economy.
The Lake County Board of Supervisors accepted the treasurer's pooled-investment report for the quarter ending March 31, 2025.
Patrick Sullivan, Lake County treasurer-tax collector, and Carlos Oblides of Chandler Asset Management presented the quarterly review. The report covered portfolio composition and performance: the county treasury pool totaled roughly $526 million as of March 31, with a portfolio yield near 4.09% and a…
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