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District reports slight uptick in county interest returns
Summary
A district staff member reported the county interest return rose from 3.47% to 3.55% for Jan–Mar 2025; the quarterly treasury and retiree‑liability reports were posted for review.
A staff member presented the district’s quarterly investments for January–March 2025 and said the county interest return increased from 3.47% to 3.55%.
“The funds that are in the county... it went up from 3.47% to 3.55%,” the staff member reported, and noted the OMB liability trust for retiree benefits inched up from 1.36% to 1.37%. The staff member pointed board members to attached accounting reports and the county treasury link for a fuller review. The board took no additional action beyond acknowledging the report.
