(Red Oak) Montgomery County Treasurer Jackie Porter presented an update on the Treasurer’s Office Banking Investments and Interest to the Board of Supervisors this Tuesday morning. Porter reported that the Treasurer’s Office has collaborated with local banks and invested in the Iowa Public Agency Investment Trust.
The Board of Supervisors also assigned personnel to review and update outdated signatures for the Treasurer’s bank accounts. The Board also approved the Treasurer’s Semi-Annual Report, which indicated an ending fund balance of $13,065,329.08 as of December 31, 2024. An amended resolution naming the depositories was passed, along with Routine Resolution 2025-04, which deals with the Bridge Embargo. Furthermore, the Board approved commission assignments related to Planning, Zoning, and Eminent Domain.
