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Treasurer: county investments earned $257,241 since July 1, 2025
Summary
County Treasurer Linda Whitten told supervisors the county has received $257,241 in interest from investments since July 1, 2025 and that funds invested in the Iowa Public Agency Investment Trust (IPAIT) are being monitored for best available rates, currently in the low 3% range.
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County Treasurer Linda Whitten reported at the Jan. 26 meeting that "overall, the total interest received since July 1, 2025, from all County investments (including those funds invested in the Iowa Public Agency Investment Trust (IPAIT) and in CDs with local banks), was $257,241."
Whitten said staff have been working closely with IPAIT to ensure funds in the trust are put at the best interest rates available at the time of investment and noted current IPAIT rates are in the low 3% range. The report was informational; no action was taken beyond receipt of the update.
