01/28/2025 - Hendricks Co. Board of Finance Meeting

The Hendricks County Board of Finance held a brief meeting on January 28, 2025, primarily focused on the election of officers and reviewing the county's investment portfolio and banking relationships. Discussions included the management of county funds through CDs, investments with an external investment company, and the status of the 2021 GO bond which has been paid off. The board reviewed the list of approved depositories and discussed local banks interested in county deposits, emphasizing community reinvestment. There was also mention of the possibility of purchasing bonds issued by local school corporations for capital projects, though it was noted that targeting such investments may be challenging. No motions or votes related to new contracts or procurement were recorded during this meeting.