Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Public Finance topic
No spam. Unsubscribe anytime.
Treasurer: county portfolio 'well positioned' entering 2026; earnings highlighted
Summary
Treasurer Jake Stroud reported the county's investment posture for the quarter ending 12/30/2025: portfolio value near $3.5 billion, overnight liquidity ~$739.7 million, earnings of about $34.3 million for the quarter and $134.8 million year‑to‑date, and a diversified allocation with U.S. Treasuries as the largest sector.
Treasurer and tax collector Jake Stroud briefed trustees on the county's quarterly investment report for October through December 2025. He described macro themes (resilient economy, cooling labor market, Federal Reserve rate moves) and said the portfolio remains diversified and "well positioned" entering 2026, with U.S. Treasuries comprising the largest allocation and a weighted average maturity of about 483 days.
Stroud told the board the portfolio held strong liquidity after December property‑tax collections with overnight balances of roughly $739,700,000 and earnings for the reporting period of about "$34,300,000." He also outlined portfolio objectives of safety, liquidity and yield and noted third‑party confirmation that investments are within policy limits and state code.
