Oak View Group presents $1.8 million in fiscal-year profit to Polk County
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Summary
Oak View Group representative Adam Flack presented a check for just over $1.8 million to Polk County for fiscal year 2025 operations; the board thanked the operator for facility management at county venues.
An Oak View Group representative presented Polk County with a check for just over $1.8 million in profit from fiscal year 2025 operations of county-managed venues.
Adam Flack, who identified himself as part of Oak View Group at the Iowa Events Center, told the board "we completed our fiscal year '25 and happy to report to the board and present a check today for just over $1,800,000 for the last fiscal year's operation, as profit to Polk County." The board thanked Oak View Group and praised the operation of Wells Fargo Arena and Hy-Vee Hall.
Nut graf: The presentation was a ceremonial agenda moment recognizing the county-contracted operator—s transfer of net operating proceeds from venue management. The meeting record shows no additional action needed from the board on the presentation.
Chairman McCoy and other supervisors expressed appreciation for the relationship with Oak View Group and for the management of county facilities. A quick photo was taken at the meeting; agenda business then proceeded.
Ending: Any formal financial accounting for the transfer will be reflected in county financial statements and budget reports rather than in the meeting transcript.