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Polk County reviews 2025 finances, adopts contracts and hires steps for accounting overhaul
Summary
County finance staff reviewed year-end accounting changes and investment diversification, the board approved equipment rental and crack-filling contracts, and authorized posting for an Assistant Finance Director to support audit prep, payroll oversight and upcoming ERP work.
Finance staff presented the county’s year-end and quarterly review, including reclassification of debt service out of the general fund (a change from the 2025 budget) and the adoption of a new investment policy. The county has begun diversifying a roughly $42 million portfolio into CDs and municipal securities and expects improved returns…
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