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Monroe County adopts 2026 public funds investment policy, reviews $152M portfolio
Summary
The Monroe County Board of Finance on Jan. 29 approved its 2026 Public Funds Investment Management Policy and reviewed a portfolio of about $152 million, with officials emphasizing safety, local banking relationships and daily controls to guard against fraud.
Monroe County commissioners and finance staff approved the county's Public Funds Investment Management Policy for 2026 and reviewed a report on the county's cash and investments during a Jan. 29 meeting at the Monroe County Courthouse.
County Commissioner Jody Madera opened the session and the board voted to adopt the policy, which officials said is unchanged from the prior year and will be signed by the three commissioners and the treasurer. The treasurer said the county prioritizes "safety, liquidity and interest" and that the policy limits maturities so "we do not invest anything longer than five years." The board recorded vocal approval during the motion to adopt.
The treasurer presented the county's portfolio and internal control practices. She described daily…
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