Ridgecrest benefits from treasury investments amid economic uncertainty
The city of Ridgecrest has millions of dollars invested in U.S. Treasury securities, a decision that has proven to be a strong safeguard for its financial stability during uncertain times. This was highlighted at the Nov. 12 Finance Committee meeting. As of Sept. 30, Ridgecrest had nearly $66 million in Treasury securities, earning $730,073 during … Read more
