Rensselaer County boasts millions earned from smart investing

TROY, N.Y. (WNYT)- Rensselaer County is generating record interest income by maximizing investment of county funds, says County Executive Steve McLaughlin.

A report from cashVest by three+one found the county used more funds for investment than ever before, maintaining a record pace for interest income, McLaughlin said.

“Thanks to careful management and a commitment to maximize every dollar entrusted to us, Rensselaer County is earning more than ever in interest income. That is good news for residents and taxpayers,” said McLaughlin…

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