Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Santa Fe County Treasurer Recommends Continued Use of LGIP, Short‑term Investment Strategy
Summary
Treasurer Montanatos told the Board of Finance the county has deposited another $15 million into the state Local Government Investment Pool and recommended leaning on short‑term investments and selective CD purchases in the near term; commissioners asked about partnering with state investment bodies and local credit unions.
Treasurer Anna Montanatos reported to the county board that, following second‑half property tax collections, Santa Fe County has again parked funds in the state Local Government Investment Pool (LGIP), including a $15,000,000 deposit. Montanatos said the county’s cash‑management approach will continue to favor short‑term placements that preserve liquidity should distributions or…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
