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County reports $181M in cash and investments; ACC training center delayed by lack of bids
Summary
County Manager presented the June 2024 investment report showing roughly $181 million in cash and investments across funds and $6.225 million in interest earned; commissioners also heard that Alamance Community College's Public Safety Training Center work is delayed because no contractor bid to connect water and sewer.
The Alamance County Manager presented the June 2024 investment report and answered commissioners' questions about cash balances, interest earned and investment terms.
Finance staff summarized the figures: the report lists about $6,225,000 in interest earned over six months and total cash and investments of approximately $181,000,000 across all county funds. Finance staff noted about $21,500,000 was held in bank…
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