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Del Norte treasurer reports $148.9 million portfolio, $5 million in annual interest earnings

Del Norte County Board of Supervisors · January 14, 2026

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Summary

Treasurer Barbara Lopez reported a portfolio balance of $148,931,468 for the quarter ending Dec. 31, 2025, with 31% in liquid CAMP funds and $5 million earned in interest for the calendar year; the board received the report and asked clarifying questions about liquidity and accessible funds.

Treasurer Barbara (Lopez) presented the quarter-ending report for Dec. 31, 2025, reporting a portfolio balance of $148,931,468 and outlining composition and liquidity. She said about 31% of the portfolio is in CAMP (the county's liquid pool) while 44% is in longer-dated government agency bonds and CDs. The treasurer described investment strategy that maintains 20–30% liquidity to meet cash-flow needs.

Key numbers: Lopez told the board the county earned over $5,000,000 in interest for the calendar year and $1,300,000 for the general fund in the fourth quarter; she expects the fiscal year to yield around $5,000,000 based on maturing investments and reinvestment at higher rates.

Board questions centered on accessible funds and allocation details. Lopez agreed to provide more detail about available liquid balances and how different funds are allocated to day-to-day needs.

Outcome: The board received the report and thanked the treasurer for managing investments and maintaining liquidity.