Monies held by Van Wert County are classified by State
Statute into two categories.
- Active monies - means an amount of public monies determined
to be necessary to meet current demand upon the County Treasury.
- Inactive monies - any other funds not considered as active
are classified inactive.
INVESTMENT ADVISORY COMMITTEE
This committee is made up of two (2) Commissioners and the County
Treasurer. The County Treasurer is designated as Investment Authority.
This group meets quarterly or on other occasions as needed.
The Investment Authority provides this committee quarterly reports as
pertain to investments held, interest earned, and any sales or purchases
of securities.
The Treasurer has three major objectives in the management
of the County's investments. First and foremost is safety; second, is
liquidity; and third, is return on investment.
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