Ventura—The Board of Supervisors, Tuesday, September 30, received its report on investments for the month ending June 30.
Treasurer and Tax Collector Sue Horgan reported on the County’s Investment Pool’s performance, calling it great news.
“The year 2025 was an excellent year for our investment pool,” she said. “Our investments are safe, with sufficient liquidity to sustain the County’s cash needs.”
She said the County had significant earnings from its investment pool, the highest in the pool’s history.
“The pool continues to maintain the Standard & Poor’s highest rating for a local government pool like ours,” she said. “It’s really quite a feat.”
She said the average daily balance for June was $4.7 billion.
“The pool hit a high mark of $5.2 billion in April,” she said. “The balance follows the trajectory of the property tax collections, and the balance of the pool will decline, but in November, when we begin the first installment of the first collection, the balance will begin to rise.”
She thinks the pool will hit another high.
“Our earnings for June were $17 million from the pool,” she said. “The more staggering news was the earnings for fiscal year 2025.”
“This investment pool earned…
