Erath County treasurer and investment officer report roughly $51M invested, $812K year‑to‑date earnings

Erath County's investment presenter told commissioners June 8 that the county has about $51 million invested across local banks and state investment pools and has earned roughly $812,000 year to date.

Mr. Reeds summarized a repositioning of funds to spread risk and prioritize safety and liquidity under the Public Funds Investment Act. He said restricted and unrestricted funds each totaled about $25.5 million and that the county earned roughly $440,000 in the most recent quarter. Mr. Reeds listed allocations including approximately $13.2 million in local banks, about $13.9 million in the state tax pool, $9.9 million in a pool called Logic, and about $14 million in Texas CLASS.

The county treasurer presented the May 2026 report, showing monthly receipts and disbursements and reconciling bank and investment accounts. The treasurer reported receipts for the month of about $1.85 million and disbursements of about $3.78 million, with combined cash and invested totals of roughly $48.8 million; the treasurer confirmed all accounts had been reconciled.

Why it matters: portfolio allocations and yield affect the county's near‑term ability to fund operations and capital projects. Commissioners asked no substantive follow‑ups during the presentation but were given copies of transaction details in the agenda packet.

Noted uncertainties: several numeric entries in the oral transcript were spoken quickly and include formatting errors; the presenter's spoken totals are included here as approximate and should be verified against the published investment report and treasurer statements.