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Kaufman County treasurer reports strong interest income; commissioners approve transfers and nearly $3 million in payouts
Summary
County Treasurer presented monthly and quarterly investment reports showing millions earned in interest and investments across pools; commissioners approved line-item transfers and payment of $920,836.75 in accounts payable and $2,026,220.20 in payroll, totaling $2,947,056.95.
Kaufman County’s treasurer presented monthly and quarterly investment summaries Jan. 21 and the commissioners approved routine transfers and county payments totaling roughly $2.95 million.
The treasurer told the court the county ended December with about $37,859,000 in the general fund and reported investments of roughly $8,028,000 in TexPool and $6,300,000 in Texas Class, with average yields cited at about 4.6947 percent…
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