Cache County Council Regular Meeting Agenda Packet May 2026
Mental Health Center Invests Reserves in State PTIF
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Description
Bear River Mental Health Services, Inc. continues to place surplus operating funds in the Utah Public Treasurer’s Investment Fund, with balances exceeding $17 million in 2025. The state‑managed pool provides short‑term, liquid investment options compliant with the Utah Money Management Act.
Contract Details
Contract Amount
$17,157,009 (2025 balance), $11,982,319 (2024 balance) invested
Vendor
UTAH PUBLIC TREASURER'S INVESTMENT FUND (PTIF)
Agency
Cache County, UT
Contract Type
FINANCIAL_SERVICES
Document Date
May 9, 2026
Contract Term
Investments with maturities of less than one year as of June 30, 2025 and 2024
Renewal Info
Investments are rolling, short‑term placements with maturities under one year; participation automatically continues unless the organization withdraws funds.
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