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Warren County treasurer: portfolio withdrawals underway after $5.5 million property purchase
Summary
At an Investment Advisory Board meeting, the county treasurer said the county has begun drawing on its investment portfolio to cover recent distributions and a $5,500,000 real‑estate purchase and praised the county’s investment advisor for a new monthly report summary.
During the Investment Advisory Board meeting, the Warren County treasurer said the county has begun withdrawing funds from its investment portfolio to cover recent commissioner-ordered distributions and a $5,500,000 real-estate purchase and to ensure available cash for payroll and operating expenses.
The treasurer said the county’s contracted investment advisor, identified in the meeting as METER, provided a new monthly report with a concise top‑level summary and a sixth-page…
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