The County Commissioners met for their monthly Investment Committee meeting Monday.
Treasurer of Muskingum County, Chris Hamill said there are CD's that will be maturing in the months of September and October. The purpose of the meeting was to decide what dates to renew them for. The investment committee decided on option two, which allows the first bond to mature in December.
"This will give us a little bit of flexibility to have them maturing at different times of the year...
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.
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...
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,”...
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...