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2/12/2023 7:10:07 PM
 
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Section 5: OPA Board Subject: Too Much Money Msg# 1182232
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Gary and Joe:
When they calculate 3.08% for inflated and then low ball the interest rate on invested funds I am suspicious. If that $6.5 Million balance was your money or mine we would, at the very least, have it in FDIC insured CDs earning three times that rate. Marty |
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For reference, the above message is a reply to a message where: Click Here Sse last seven lines of this spreadsheet. I believe this explains what percentage is being referenced. |
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