Legislative budget panel hears reports on surging investment earnings, Cash Management Board plans
State budget and investment officials told the Legislative Budget Committee on Sept. 29 that higher interest rates produced sharp increases in investment income across multiple state portfolios and that the state will soon consider coordinated cash-management decisions.
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State budget and investment officials told the Legislative Budget Committee on Sept. 29 that higher interest rates produced sharp increases in investment income across multiple state portfolios and that the state will soon consider coordinated cash-management decisions.
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