Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Lake County review: $400 million portfolio, liquidity set aside for safety center; plan to lock yields in 3-year bucket
Summary
An investment advisor told the Lake County Investment Advisory Committee the county ended 2025 with $400 million in assets (about $133 million in cash and $263 million in securities), with roughly $125 million maturing within 12 months and a weighted average yield of 3.77%; staff plan to use a mix of short-term and three-year securities to protect returns while preserving liquidity for an upcoming safety service center.
At its January meeting the Lake County Investment Advisory Committee heard a portfolio update from an adviser representing METER Public Funds.
The presenter said the county's total portfolio at the end of 2025 stood at $400,000,000, comprised of $133,000,000 in cash (overnight/liquid investments) and $263,000,000 in securities. He said about $125,000,000 of securities are scheduled to mature within the next 12 months; that positioning is…
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
