Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the County Finance topic
No spam. Unsubscribe anytime.
Palo Alto County board approves $1.89 million transfer from TIF Wind Fund to debt service
Summary
The Board of Supervisors adopted Resolution No. 4-14-2026 authorizing the Auditor to transfer $1,894,306 from the Special Revenue TIF Wind Fund to the Debt Service Fund effective April 14, 2026; auditors were directed to correct the books and notify the treasurer.
The Palo Alto County Board of Supervisors on April 14 adopted Resolution No. 4-14-2026 authorizing the County Auditor to transfer $1,894,306 from the Special Revenue TIF Wind Fund to the Debt Service Fund effective April 14, 2026. The resolution directs the Auditor to correct the books when the operating transfer is made and to notify the County Treasurer of the amounts transferred.
The motion to introduce and approve the resolution was made during the meeting and carried by unanimous vote. The resolution cites Section 331.432, 2026 Code of Iowa, as the statutory authority for the operating transfer. The board included the transfer on the meeting's consent actions and directed the Auditor to complete the accounting steps outlined in the resolution.
