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Treasurer reports county portfolios steady; auditors and staff discuss logistics and volunteer programs
Summary
The county treasurer briefed commissioners that county, flood mitigation and landfill portfolios are performing well; the board discussed reinvestment timing for flood mitigation funds and administrative items including BOR hearing location, volunteer liability releases and a Norfolk Southern update.
At 11:00 a.m. on March 31, Hancock County Treasurer J. Steve Welton and staff met with the commissioners for an investment update. Eileen Stanic explained how global events affect the economy, reviewed current interest-rate levels and federal forecasts, and said the county’s investment portfolios—including flood mitigation and landfill funds—were performing well.
The group discussed options for reinvesting flood mitigation funds and the timing for reinvestment before…
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