Summary
The town's investment portfolio is valued near $106 million and earned a 4.23% purchase yield, with a 0.24% paper loss this quarter as rates rose. Because the town holds bonds to maturity and never sells, officials say no actual money is lost.
At a glance
- Total mentions
- 2
- Last 30 days
- 2
Discussed at 1 meeting in the last 60 days; most recently Oct 20, 2026.
Impact analysis
Interest earnings of roughly 4.23% support town services; the paper loss is unrealized and won't be realized under policy.
All town residents, since investment earnings support general town finances.
Mentions & discussions (2)
Town Council (Study) - Nov 10, 2026
The Town's annual comprehensive financial report shows residents exactly how Danville's tax dollars were collected and spent last fiscal year. It's a key gauge of the Town's fiscal health going into the next budget cycle.
Town Council (Regular) - Oct 20, 2026
The town's investment portfolio is valued near $106 million and earned a 4.23% purchase yield, with a 0.24% paper loss this quarter as rates rose. Because the town holds bonds to maturity and never sells, officials say no actual money is lost.
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