Local News

COUNTY INVESTMENT POOL REACHES 11 BILLION

The County Investment Pool in April reached an all-time high balance of $11.4 billion due to a healthy Inland Empire economy, record property tax receipts, and Federal stimulus and CARES Act funds. The Investment Pool value has increased approximately 40 percent since January 2019. According to the County Auditor-Controller/Treasurer/Tax Collector’s office the increase in interest rates, prudent liquidity and interest rate risk management, are expected to benefit future pool earnings to an even greater extent. The County Treasurer’s Office is the official custodian for the County Investment Pool; it adheres to conservative investment policies.


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