Politics & Government
County Investment Pool Earns $151M In Net Interest During First Quarter
Interest earnings help fund essential public services, including school districts, community colleges and county agencies.
SAN DIEGO, CA — San Diego County's investment pool earned more than $151 million in net interest during the first quarter of 2026, County Treasurer-Tax Collector Larry Cohen announced Tuesday.
"The San Diego County Investment Pool reached a high of $18.7 billion in April 2026, underscoring how effective investment strategies strengthen our region," Cohen said. "We realized $151 million in net interest earnings, with an annualized yield of 3.84%, exceeding national inflation.
"Our office works to achieve strong results for San Diego County by safeguarding invested funds, maintaining liquidity for our participants, and seeking returns consistent with responsible risk management. These outcomes highlight our focus on responsible fund management and prudent investing."
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The treasurer-tax collector's team invests pool funds in "high-quality fixed-income securities" on behalf of local agencies, officials said. Interest earnings help fund essential public services, including school districts, community colleges and county agencies, and help reduce the burden on taxpayers, according to a statement from Cohen's office.
— City News Service
