Polk County staff present third-quarter budget cleanup, planned bond issuances

Deb Anderson, budget manager in the Board of Supervisors office, told the Board that the third-quarter amendment is intended to close out the prior fiscal year and “clean up what we certified for the new year” so the county begins the fiscal year with correct appropriations. She said interest earnings came in “about 1,300,000.0 more than what was in the budget” and that total interest earnings were “11,300,000.0,” and that other revenues such as county attorney collections and DHS reimbursements were higher than budgeted.

The amendment would carry forward unspent federal and ARPA-funded programs, reimbursements and capital projects. Anderson described ARPA set‑asides for mental health, economic well‑being, affordable housing and water quality and noted several specific carryforwards: roughly $1,600,000 in opioid settlement strategic objectives for recovery housing; about $6,000,000 for owner‑occupied home repair programs run through the Neighborhood Finance Corporation (NFC); and an unspecified remaining balance of interest earnings…