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Finance director reports $24.08 million in county investments and $6.46 million in 2025 sales tax collections
Summary
Finance Director Mike Stoegbauer reported the county held $24,081,869.11 in investments as of Dec. 31, 2025, with 2025 interest of $1,176,348.58 (average yield 4.08%). Net sales tax collections for 2025 were $6,457,445 and the year‑end sales tax fund balance was $7,939,356.
Finance Director Mike Stoegbauer presented the county's investment and historical sales tax reports for Dec. 31, 2025. The minutes list total county investments of $24,081,869.11 and 2025 actual interest of $1,176,348.58, representing an average yield of 4.08% for the year.
The report breaks out major balances including the Local Government Investment Pool at $13,783,856.83 and other institutional accounts. Sales tax net collections for 2025 are listed as $6,457,445, and the sales tax fund's ending balance for 2025 is shown as $7,939,356. The Committee received the financial reports as part of the agenda packet.
