Lifetime Citizen Portal Access — AI Briefings, Alerts & Unlimited Follows
Warren County commissioners approve a slate of resolutions, review investments and enter executive session
Loading...
Summary
The Warren County Board of Commissioners unanimously approved multiple resolutions including contract awards and appointments, heard an investment report projecting roughly $13.5–$14 million in annual investment income, and voted to enter executive session to consider an appointment under ORC 121.22(G)(1).
Warren County commissioners approved a series of resolutions Monday, including notices of intent to award public-works contracts, a contract amendment for transit service, termination of a payment-services contract, emergency tree removal at a lift station and an appointment in the county water and sewer department. Commissioners also heard an investment report from Treasurer Randy Coogan and voted to move into executive session to consider an appointment under state law.
The clerk read several add-on items that the board approved by voice vote, including a reappointment to the Child Abuse and Neglect Prevention Regional Advisory Board, a notice of intent to award the 2026 resurfacing project to John R. Jurgensen, a contract with JTM Smith Construction for the Morrow Woodville Road bridge rehabilitation project and a notice of intent to award the 2026 chip-seal project to Ray Hensley Inc. The board approved Amendment No. 2 to the Valley Transport LLC contract for Warren County Transit Service and Change Order No. 1 to Moody's of Dayton Inc. for a 2025–2026 well redevelopment project. The board also voted to terminate the county's contract with Forte Payment Systems, approve emergency removal of rotting trees at the Little Muddy Lift Station and authorize a full release of fixed-property-damage claims related to fire-hydrant damage on McQueen Road in Franklin Township. The board appointed Catherine Gilbert as deputy sanitary engineer in the Warren County Water and Sewer Department.
Why it matters: these routine actions authorize construction and maintenance work, adjust vendor arrangements for county services, and place a new deputy sanitary engineer in the county water and sewer department—decisions that determine near-term project timing and who manages county infrastructure work.
Treasurer's report: Treasurer Randy Coogan summarized the March 31 METRE report and the county's investment position, saying funds held under management total about $428,000,000 and that the first-half tax settlement will reduce investable core surplus to roughly $360,000,000. He said the county's weighted average yield to maturity should be about 3.7% after settlement and that approximately $100,000,000 of county funds are held in Star Ohio, a pooled liquidity account. Coogan projected annual investment income into 2027 of about $14,000,000 and estimated this year's revenue at roughly $13.5 million—about $1 million above budget—largely because rates have not fallen as expected.
Portfolio strategy and options: Coogan described a weighted average maturity near 2.55–2.7 years and said staff are pursuing opportunities to extend maturities where prudent to lock in higher rates. He noted roughly $30,000,000—about 10% of the portfolio—remains invested at relatively low rates and may be sold before maturity in some cases to capture higher yields, while acknowledging early sales can forfeit potential maturity value. A committee member advised monitoring recent inflation data and considering longer maturities to take advantage if rates decline over the next year or two; Coogan said staff will continue to evaluate those options.
Executive session: Chair moved that the board enter executive session to consider the appointment of the director of the Child Advocacy Center of Warren County under ORC 121.22(G)(1). The motion was seconded and the board conducted a roll-call vote; Missus Jones, Mister Young and Mister Grossman recorded 'Yes' and the board recessed to executive session.
Votes at a glance: the board approved, by voice or roll call as recorded during the meeting, the following items presented as resolutions or notices of intent to award: reappointment to the Child Abuse and Neglect Prevention Regional Advisory Board; notice of intent to award the 2026 resurfacing project to John R. Jurgensen; contract with JTM Smith Construction for Morrow Woodville Road bridge rehabilitation; notice of intent to award the 2026 chip-seal project to Ray Hensley Inc.; Amendment No. 2 with Valley Transport LLC (Warren County Transit Service); Change Order No. 1 with Moody's of Dayton Inc. (well redevelopment); termination of the contract with Forte Payment Systems; emergency removal of rotting trees at the Little Muddy Lift Station; authorization to execute a full release for fire-hydrant damage claims on McQueen Road; and appointment of Catherine Gilbert as deputy sanitary engineer.
What’s next: the board moved into executive session to consider the Child Advocacy Center appointment; the public meeting record shows the actions above were approved before the recess.
