Scott McIntyre, the county’s investment advisor, reviewed recent market moves and data gaps, telling the board that some economic releases (including an October CPI report) were delayed and that market pricing for Fed rate cuts had shifted. McIntyre recommended diversifying the county’s maturity ladder, including rolling some recent maturities into roughly $10 million purchases in the two‑ and three‑year sectors and maintaining yield while matching expected tax‑receipt timing.

Following the presentation, an unnamed commissioner moved to implement the advisor’s recommendations and direct the clerk to carry them out. A second was recorded and the chair called for a voice vote; the motion carried unanimously.

What was decided: The board authorized implementation of the advisor’s recommended reinvestments and directed the clerk to implement the described purchases and reinvestment strategy. The presentation emphasized that figures cited were subject to market execution and timing.

Quote: McIntyre noted data challenges: "So we're not gonna get a CPI report for the month of October; it wasn't produced," and described the effect on Fed timing and market expectations.

Next step: Staff/treasury will execute the approved reinvestment plan consistent with market conditions and report back to the board.