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Story County treasurer lowers expected investment returns, cites likely 2026 rate cuts
Summary
The Story County treasurer proposed lowering near‑term investment return estimates after noting lower average balances from ARPA spending and new IPAPE guidance predicting multiple federal rate cuts in 2026.
Treasurer Ted Rasmussen told county supervisors at a Jan. 28 work session that the treasurer’s office is revising its investment return forecasts downward after lower balances and recent interest‑rate movements.
“Our amended estimate is now going to be 1,650,000.00,” Rasmussen said as he reviewed the office’s three‑year averages and updated monthly estimates. He explained the reduction reflects both…
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