Stories tagged with: Investment Committee Meeting

September 25, 2014 - 5:03pm
26 weeks 4 days ago

The monthly investment committee meeting was held at Muskingum County Commissioners Thursday afternoon.

The current interest rate environment is not the best but it has gradually been improving over the last 10 years, especially over the last 3. Treasurer of Muskingum County, Carol Friel says during the month of September the county has invested in a few different instruments. Friel told us they are excited about this months transactions.

"What we're excited about is we've...

July 29, 2013 - 6:06pm
1 year 34 weeks ago

County investments continue to maintain status-quo from month to month.

During the investment committee meeting Monday afternoon, the Muskingum County Commissioners and Treasurer are making due with the resources they have in a difficult economy.

"No changes,” said Muskingum County Treasurer, Carol Friel. “Just monitoring our investments, to make sure that our money is working for us and it is working the best that it can right now. It's difficult, in this...

June 24, 2013 - 5:47pm
1 year 39 weeks ago

As expected, Muskingum County's investments continue to not gain much growth due to the economy.

Monday afternoon was the monthly Investment Committee meeting between the County Commissioners and the Treasurer's Office. The two entities, discussed the current state of these investments, which county operations depend on. However, more importantly, there is a critical tax date coming up in the next week.

"The most important thing right now is to get your taxes paid,”...

May 20, 2013 - 6:09pm
1 year 44 weeks ago

County Commissioners met Monday with the Treasurer for the monthly Investment Committee meeting to review the state of the county's funds in various investments.

According to Muskingum County Treasurer Carol Friel, the county needs the interest from those accounts in order to put into the general fund to continue operations within the county.

"The general take home is, we are not going to expect a lot of growth on our investments,” Friel said. “The economy is not...

December 13, 2012 - 7:30pm
2 years 15 weeks ago

The Muskingum County investment committee had its final meeting for 2012.

Muskingum County commissioners and county treasurer Carol Friel met and Friel says the numbers are where they should be.

"We just want to make sure that we've got recorded all of the interests and make sure that we're earning what we need to," said Friel.

Friel was appointed treasurer earlier this year after former treasurer Phil Murphy resigned. Friel was elected in November, her first full...

March 15, 2012 - 5:32pm
3 years 2 weeks ago

The Muskingum County Commissioners held the first investment committee meeting with the new interim treasurer Thursday.

Carol Friel sat down with the commissioners to discuss county finances for the first time since she was sworn into office. Friel said after the meeting, she knows some of her top priorities for now.

"Make sure we are diligent on collecting our delinquent taxes, you know. That is money that people owe, and we need to get it. Other people pay their fair share...

September 22, 2011 - 3:43pm
3 years 27 weeks ago

The Muskingum County Commissioners received an update on the county's investments Thursday afternoon.

Jody Spencer with Century National Bank provided the commissioners an extensive outline of how the county's investments are doing which are holding up pretty well given the economy.

"Our yield is on average about 1.27 percent which in today's world in the financial market that's pretty decent," said Commissioner Jerry Lavy.

Lavy says the commissioners are looking...

June 9, 2011 - 5:35pm
3 years 42 weeks ago

An investment committee meeting with the Muskingum County Commissioners was held Thursday afternoon.

County Commissioner Jim Porter says overall, investments are not doing very well and may have to be adjusted.
 

"For the interest rates out there right now, we're getting the best we can get," said Porter.

Porter says, however, things could be much worse and County Treasurer Phil Murphy is looking into what can be done to help get the most return.

...

May 12, 2011 - 6:27pm
3 years 46 weeks ago

The Muskingum County Commissioners held their investment committee meeting Thursday afternoon.

The Commissioners were glad to see Treasurer Phil Murphy show up to the meeting after not coming to a previously scheduled meeting last week. Commissioner Jerry Lavy says the county's investments are overall doing well with minor gains and losses in a still uneasy economy.

"That's typical. The market may go up or may go down and some of the bonds that are invested there so there...

May 2, 2011 - 6:05pm
3 years 47 weeks ago

The Muskingum County Commissioners held their monthly investment committee meeting on Monday afternoon.

One of the purposes of the day's meeting was to adopt a new policy for the committee which consists of members Jerry Lavy and Jim Porter.

"How many members you have, where you can invest, keeping current with our investments, how many meetings you have a year, stuff like that," said Commissioner Jim Porter.

The commissioners had asked Treasurer Phil Murphy to...

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