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Treasurer presents first-quarter county investment report: $56.14 million available for investment
Summary
County accountant and treasurer-elect Anthony Newell presented the first-quarter investment ("bridal") report showing $56,137,098.29 available for investment and a rise in interest earnings compared with Q1 2024.
Anthony Newell, county accountant and treasurer-elect, presented the county's first-quarter investment report for the period ending March 30, 2025. Newell reported $56,137,098.29 in funds available for investment and summarized interest earnings and account distributions.
Key figures presented: - Total funds available for investment: $56,137,098.29 (up 2.11% year over year). - Regular bank accounts represent 81.06% of total investments and earned $516,248.29 for the quarter. - Total interest earned across all county accounts for Q1: $687,819.87, compared with $246,922.66 in Q1 2024.
Newell said the county realized increased idle-funds earnings and an overall increase in investment returns compared with the same quarter in 2024. He stood for questions and did not request board action; commissioners offered thanks for the report.
Why it matters: The treasurer's investment report tracks county cash-management performance and interest earnings that can affect available resources for operations and capital projects.
No formal action was taken; the report was informational.
