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Ada County treasurer warns lower short‑term yields cut investment income; portfolio impacts discussed
Summary
Ada County’s treasurer’s office reported a year‑over‑year 60 basis‑point decline in short‑term yields, estimating about $600,000 less income per $100 million in cash‑like holdings and roughly $1 million lower revenue overall; the treasurer reviewed yield‑curve behavior, inflation, and Fed expectations.
Ada County’s treasurer’s office briefed commissioners on how recent market moves are affecting the county’s investment portfolio, saying a roughly 60 basis‑point decline in short‑term yields versus a year ago reduces earnings by about $600,000 for every $100 million kept in cash‑like instruments.
The treasurer’s…
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