RESOLUTION FOR INTERFUND OPERATING TRANSFERS
RESOLUTION #14,063
Whereas, it is desired to authorize the Auditor to periodically transfer sums from the Secondary Road Fund to the Debt Service Fund during the Fiscal Year 2026-27 budget year, and
Whereas, said transfers must be in accordance with Section 331.432 Code of Iowa,
Whereas, the purpose of the transfers are to move Secondary Road revenues to the Debt Service Fund to pay FY 2026 principal and interest for the FY 2022 Secondary Gravel Project,
Now, therefore be it resolved by the Board of Supervisors of Woodbury County, Iowa, as follows:
The total maximum transfers from the Secondary Road Tax Fund to the Debt Service Fund for the fiscal year beginning July 1, 2026, shall not exceed the sum of $ 300,000.
The Auditor is directed to correct her books when said operating transfers are made and to notify the Treasurer of the amounts of said transfers.
The above and foregoing resolution was adopted by the Board of Supervisors of Woodbury County Iowa, on June 16th, 2026 the vote being as follows:
WOODBURY COUNTY BOARD OF SUPERVISORS