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Trumbull County panel reviews $138.8 million portfolio, projects about $4.2M in 2026 income
Summary
The Trumbull County Investment Advisory Committee accepted the fourth-quarter 2025 investment report on Jan. 29, reviewing a $138.8 million portfolio held at US Bank and baseline income projections of roughly $4.2 million for 2026 derived from current securities.
The Trumbull County Investment Advisory Committee accepted its fourth-quarter 2025 investment report at a meeting on Jan. 29, where outside portfolio manager Jim McCourt of METR described the newly constructed portfolio and the committee’s strategy for locking in multi-year rates.
McCourt told the committee the portfolio held in custody at US Bank had a book value of roughly $138,800,000 and a laddered maturity structure with a weighted average maturity near 2.6 years. “We have roughly a $138,800,000 in in book value,” McCourt said while summarizing the portfolio’s structure and custody arrangements.
Why it matters: the committee’s strategy aims to balance near-term liquidity with longer maturities to protect income if market interest…
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