Lake County Investment Portfolio

LFC Comments by “Average Citizen”:

While attending a Lake County Commissioners’ meeting, we heard about the $396 million that the County had invested. We were curious about the investment levels for the last few years so we sent a records request to the Lake County Treasurer’s Office. We summarized the records sent to us in a worksheet, and then created a chart for your review.

The investment dollars are not all in the General Fund. For example, the Deepwood Center has $65 million of the total $396 million. The investment income received on the $65 million does not benefit Deepwood, but goes into the General Fund to be spent by the Commissioners.

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Categories: Lake, Local News, Ohio Counties, Uncategorized