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Clinton County Board of Finance Reorganizes, Reviews Investment Report
Summary
At its 2026 meeting, the Clinton County Board of Finance voted to continue its prior officers, approved minutes and its investment policy, and reviewed holdings including two CDs and Trust Indiana accounts with a reported Trust Indiana rate of 3.67%.
Unidentified Speaker, a board member, called the 2026 Clinton County Board of Finance meeting to order and opened the session with a reorganization to select officers and a review of the annual investment report: "So I would like to call the 20 26 board of finance meeting to order."
The board moved to retain the prior year's officer arrangements after a brief exchange about incumbency. "I make a motion to continue structured as we were in the previous year," the speaker said; the motion was seconded and advanced without a recorded roll-call vote. The board also moved to approve minutes from the Jan. 21, 2025 meeting, a motion that was seconded and noted as thirded in the meeting record.
During the investment report review, the speaker summarized the county's holdings, saying the board has one certificate of deposit, the highway department holds a separate CD, and the "rest of the money is just with Trust Indiana and money market accounts." On current yields, the speaker reported: "It is 3.67," and added that "all the rates have kind of gone down to the mid threes" and that "as the fed cuts rates, it's gonna drop the interest." These remarks framed the board's observation of recent downward movement in short-term yields.
The board then considered its written investment policy. The presenter said the policy "hasn't changed in years" and that there was "nothing different to add or subtract out." A motion to approve the investment policy was made and seconded; no roll-call tally was provided in the transcript.
No additional business was raised. A participant praised the group's work for the year with "Outstanding job this year," and the meeting was adjourned with the speaker saying, "See see you next year."
