As of this report, our office has invested half of our target of $70-million for cash reserves
New System Allows Homeowners to Escrow Taxes without a Bank, Schedule Future Payments, and Pay Mobile Home Taxes Online.
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%.
The Will County Treasurer will consider proposals from respondents who are qualified commercial banks, credit unions, and non-bank companies; and are approved county depositories as of March 1, 2018.