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Story County auditor updates financial policies, adds disposal appendix
Summary
Auditor Lucy Martin presented and the board approved revisions to Story County financial policies, adding Appendix C to codify disposal procedures for tangible assets and aligning inventory tagging thresholds with purchasing policy.
Auditor Lucy Martin presented revised financial policies during the Aug. 11 meeting and said the main change was the addition of Appendix C to codify existing procedures for disposal of tangible assets (furniture, computers, vehicles). Martin also raised the inventory‑tag threshold in policy language from $500 to $1,000 to match the county's purchasing policy.
The board had no substantive objections, moved for approval, and voted to adopt the revised financial policies. Martin said the changes incorporated prior cleanup edits and that only one public comment was received during the seven‑day review period (a note that the commenter had no additional comments).
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