Starting July 1, 2027, county treasurers would send quarterly reports on county investments to commissioners, present them in person, and make them public.
Within 45 days after each quarter, county treasurers would send commissioners an investment report with values, interest rates, major losses or risks, and a statement that investments follow the law.
Treasurers would present each report in person at a commissioners' meeting within 45 days after each quarter. They would also file it for public review and post it online.
Each county treasurer would prepare and send a quarterly investment report to the county commissioners. The report would cover county money invested during the previous calendar quarter. For each account and type of investment, the report would give values, dates when investments come due, interest rates, yields, and credit information when they apply. It would also explain any major change, loss, or risk and formally state that the listed investments follow the law. The act would take effect July 1, 2027, and each report would be due within 45 days after the quarter ends.
Each treasurer would present the report in person, file it with the county clerk, and post it online. The treasurer would present the report at a regular or special commissioners' meeting and file a copy for anyone to examine. If the treasurer has no website, the report would go on the county website. The act would take effect July 1, 2027, and these steps would be due within 45 days after each quarter ends.
No hearings or votes scheduled.