Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Oktibbeha County hears scenarios for investing $55 million; board asks for more research
Summary
Consultants presented options for investing an assumed $55 million county balance, using a 30-year U.S. Treasury baseline (4.8%) to illustrate possible interest earnings and tradeoffs; board accepted the presentation and directed staff to develop policy and further analysis.
Consultants advised the Oktibbeha County Board of Supervisors on options for investing an assumed $55,000,000 county balance and asked the board to weigh safety, return and policy choices.
The presenters used a 30-year U.S. Treasury yield as a conservative baseline and said that at 4.8% a $55 million portfolio would generate roughly $2,640,000 in interest annually. The consultants urged the board to consider whether to dedicate…
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
