Jeffco’s investment managers expect to earn $7 million in investment income in 2009, which would be an average 2.3 percent return.
Jeffco treasury officer and portfolio manager Mark Hubbard told the county commissioners Aug. 4 that the county’s investment portfolio was at about $304 million at the end of June and that the county had already earned nearly $4.3 million on interest in 2009. Earnings are expected to rise to $7 million by the end of 2009, Hubbard said.
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