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Poweshiek County board approves $398,000 transfer to LOST sinking fund
Summary
The Poweshiek County Board of Supervisors voted unanimously May 28 to approve Resolution #2026-49, directing the county auditor to transfer $398,000 from Local Option Sales Tax revenue to the General Obligation LOST Sinking fund for FY 2026.
The Poweshiek County Board of Supervisors voted 3-0 on May 28 to approve Resolution #2026-49, directing the Poweshiek County Auditor to transfer $398,000 from Local Option Sales Tax revenue into the General Obligation LOST Sinking fund for fiscal year 2026.
The action was moved by Jeff Tindle and seconded by Jacki Bolen. Chairman Jason Roudabush and Auditor Melissa Eilander are listed on the resolution as signatories; the resolution is dated May 28, 2026.
The transfer was recorded in the board’s minutes as a formal resolution directing the auditor to execute the transfer in the county financial system. The minutes do not record further debate or additional conditions attached to the transfer.
The move reallocates local option sales tax receipts into the county’s sinking fund for general obligation debt servicing for FY 2026. Additional budgetary context or longer-term plan details were not provided in the minutes.
