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Sunbury finance staff reports $22.3 million in cash and investments, notes easing rates
Summary
Finance staff told the Sunbury finance committee the city held about $22.3 million in cash and investments at year-end, with nearly half in liquid accounts and an average book yield of just over 4% on securities; staff said recent Federal Reserve cuts are beginning to lower rates.
Finance staff presented the quarterly investment review to the Sunbury finance committee on Feb. 18, saying the city’s total cash and investment balance was "right around $22,300,000" as of Dec. 31, 2025. The presentation noted about 46% of that balance sits in liquid accounts such as Star Ohio and First…
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