Commission Looks to Move Funds Out of Local Banks

The Hardy County Commission voted last week to add the West Virginia State Treasurer’s Office to the list of authorized depositors for county funds. The commission met in special session on Thursday, Oct. 24.

According to the State Treasurer’s website, “The West Virginia State Treasurer’s Office provides state agencies and local governments the ability to invest funds with other pooled participants through the West Virginia Board of Treasury Investments. Investment pool options include the WV Money Market Pool, the WV Government Money Market Pool, and the WV Short Term Bond Pool.”

County Coordinator Rose Helmick said the Board of Treasurer’s Account is offering 2.38 percent interest.

“I have received several

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The next meeting of the Hardy County Commission will be held on Tuesday, Nov. 5, beginning at 9 a.m. Anyone wishing to be included on the agenda should contact the county clerk’s office at 304-530-0250. The public is invited to attend.