Based upon current holdings and actual maturity, we project interest income to be $6,038,708 over the next 12 months.
The county’s total holdings at the end of September had a market value of $321.8-million.
As of this report, our office has invested half of our target of $70-million for cash reserves
The county’s portfolio generated $2,510,181 in investment income during the first quarter of the fiscal year. For the trailing 12 months, interest income totals $9.8-million.
The county’s total holdings at the end of March had a market value of $353.2-million. The total portfolio has a Yield-to-Maturity of 1.543%.