Des Moines County Board of Supervisors Agenda Packet 2026-05-26
County sets $16M limit with IPAIT investment trust
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Description
Des Moines County plans to utilize the Iowa Public Agency Investment Trust with a $16,000,000.00 limit for investing county funds in FY 2025-2026, subject to Board approval of the amended depository list.
Contract Details
Contract Amount
$16,000,000.00
Vendor
IOWA PUBLIC AGENCY INVESTMENT TRUST
Agency
Des Moines County, IA
Contract Type
FINANCIAL_SERVICES
Document Date
May 26, 2026
Contract Term
July 1, 2025 – June 30, 2026
Renewal Date
2026-06-30
Renewal Info
Annual authorization for participation and investment limits for FY 2025-2026; continuation beyond June 30, 2026 requires Board reauthorization.
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