Pulaski County’s investments had a good year in 2018. During Tuesday’s board of finance meeting, Treasurer Teresa Bryant reported that the county earned almost $73,000 in interest off of its $4,250,000 in investments, plus more than $316,000 from its cash management account. “The last half of 2018 has been really extremely good, compared to what it has been,” she said.
Bryant added that it’s time to seek bids from banks interested in handling the county’s cash management account for the next two years. Bids will be opened during the February 19 county commissioners meeting, with a decision expected on March 18.
Also during Tuesday’s meeting, Commissioner Mike McClure was elected president of the board of finance, while Bryant was chosen to serve as secretary.