San Diego, CA - San Diego County Treasurer Larry Cohen announced today that the County’s Investment Pool earned more than $141 million in net interest earnings during the fourth quarter of 2025.

“In the last quarter of last year, we are happy to report that we realized $141 million dollars in net interest earnings, with an annualized yield of 3.86%, exceeding national inflation,” said Treasurer Cohen. “A critical function of our office, in addition to collecting property taxes, is to invest public funds wisely and maximize returns for our region,”

“My office is dedicated to making our money work for San Diego. We do this while maintaining a focus on three key principles: safeguarding the principal of the invested funds, meeting the liquidity needs of our pool participants, and achieving an investment return within the parameters of prudent risk management. These results reflect our dedication to strong financial stewardship and responsible investment practices,” continued Cohen.

The Treasurer’s team invests pool funds in high-quality fixed-income securities on behalf of local agencies, supporting their operational and capital needs. Interest earnings help fund essential government services and reduce the burden on taxpayers.

San Diego County’s investment policies are established under the Pooled Money Fund Investment Policy and adhere to California state law.