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Randolph County Board of Finance adopts investment policy, reviews 2025 returns
Summary
The Randolph County Board of Finance accepted the 2025 investment report and unanimously adopted a county investment policy that reaffirms permitted securities under IC 5-13 and limits long maturities to 25% of the portfolio.
The Randolph County Board of Finance reviewed the county's 2025 investment report and adopted a new investment policy at a meeting that opened with officers retained for the year.
Brenda Tharbrand, the county treasurer, presented the investments summary and said Trust Indiana earned $2,036,411 in interest for 2025 while the county's $2,000,000 in a First Merchants Bank money market generated about $1,400. "Trust Indiana, interest rates are going down, of course, so…
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