Des Moines County board approves $4.227 million general‑obligation loan
April 06, 2026 | Des Moines County, Iowa
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BURLINGTON, Iowa — The Des Moines County Board of Supervisors on April 7 approved Resolution 2026‑21 authorizing a general‑obligation loan of up to $4,227,000 and the related tax levies to pay County Purpose Notes, Series 2026.
The board opened a public hearing on the proposal and invited oral and written objections; no members of the public registered opposition. "This being the time and place specified to take action on the proposal to enter into a loan agreement," the chair said during the hearing proceedings. After closing the hearing, the board voted to approve the resolution.
Sarah Marie (auditor) and supervisors Tom Broker, Jim Carrey and Shane McCandell recorded their affirmative votes during the roll call. The board’s written minutes state the loan amount will not exceed $4,227,000 and that the chair declared the public hearing closed after finding no objections.
According to discussion at the meeting, the county uses short‑term lines of credit for items such as employee health insurance, workers’ compensation and capital expenditures including facility repairs and IT purchases. At a subsequent public question, reporter Tracy Lamb asked for clarity on the loan’s intended uses; the chair and the auditor explained the county maintains an itemized packet showing the capital and insurance line items the loan could support.
The resolution requires the chair and other officials to certify the action; meeting minutes noted the board will sign the minutes and proceed with the loan closing and tax levy steps required to fund the notes.
What happens next: With the resolution approved, the county will complete the administrative steps to issue the County Purpose Notes and levy taxes to service them as provided in the resolution. No additional public objections were recorded at the hearing.
(Reporting based on the April 7 Des Moines County Board of Supervisors meeting transcript.)
The board opened a public hearing on the proposal and invited oral and written objections; no members of the public registered opposition. "This being the time and place specified to take action on the proposal to enter into a loan agreement," the chair said during the hearing proceedings. After closing the hearing, the board voted to approve the resolution.
Sarah Marie (auditor) and supervisors Tom Broker, Jim Carrey and Shane McCandell recorded their affirmative votes during the roll call. The board’s written minutes state the loan amount will not exceed $4,227,000 and that the chair declared the public hearing closed after finding no objections.
According to discussion at the meeting, the county uses short‑term lines of credit for items such as employee health insurance, workers’ compensation and capital expenditures including facility repairs and IT purchases. At a subsequent public question, reporter Tracy Lamb asked for clarity on the loan’s intended uses; the chair and the auditor explained the county maintains an itemized packet showing the capital and insurance line items the loan could support.
The resolution requires the chair and other officials to certify the action; meeting minutes noted the board will sign the minutes and proceed with the loan closing and tax levy steps required to fund the notes.
What happens next: With the resolution approved, the county will complete the administrative steps to issue the County Purpose Notes and levy taxes to service them as provided in the resolution. No additional public objections were recorded at the hearing.
(Reporting based on the April 7 Des Moines County Board of Supervisors meeting transcript.)
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