US EditionCosumnes CSD Report Says Investments Can Cover Six Months of Operations
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Cosumnes CSD Report Says Investments Can Cover Six Months of Operations
The Cosumnes Community Services District Board of Directors will hear on Wednesday that its investment portfolio remains strong enough to cover about six months of operating costs, according to a quarterly report.The District Treasurer’s Quarterly Investment Report, scheduled for discussion at the Sept. 3 meeting, outlines how more than $43 million is managed by PFM Asset Management, with additional funds held in state and local investment pools…
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