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Comal County treasurer reports $7.4 million year-to-date interest income through September
Summary
Treasurer reported that, despite volatile markets, year-to-date interest income through September was $7,400,000; commissioners accepted the monthly report.
Comal County’s treasurer presented the monthly report and said markets have been volatile in the runup to the election, but that year-to-date interest income through September totaled $7,400,000.
The treasurer noted rapid market movement and described a recent investment with a 4.4% yield, calling attention to the importance of active portfolio management while the election remains unresolved. Commissioners moved to approve the treasurer’s monthly report and the court voted to accept it.
The report will be filed as the official monthly treasurer’s report for September.
