County made $4.5M in interest last year

By Michael Williamson, Richwood Gazette

Union County received record investment income in 2023, earning more than twice what it earned in the same timeframe the year prior.

For the first investment advisory committee update for 2024 last week, Treasurer Andrew Smarra told the commissioners that the county earned $4.5 million in total interest last year.

He said regardless of what is going on in the rest of the country, Union County and central Ohio are in a good place.

“For the year (2023), we generated a little more than $4.5 million in total interest income,” he said. “$4.5 million is more than this county has ever generated in interest in its history.”

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