Welcome to the Boone County Treasurer's Office

The Boone County Treasurer's Office plays a vital role in managing the financial affairs of Boone County Government while ensuring that the public funds entrusted to it are managed efficiently and transparently. In addition to overseeing the cash and investment portfolio for the county and its fiduciaries, the County Treasurer maintains accurate financial records for all funds coming into the county treasury and disburses funds to support essential county services such as public safety, infrastructure, and education. Additionally, the treasurer collaborates with other county offices and local agencies to manage the cash flow of the treasury, in order to promote stability and growth.

The Treasurer's office is committed to the highest standards of integrity, accountability, and fiscal responsibility through the adoption of ethics and anti-corruption policies, the creation of an oversight board for county investments, and working with the staff in the Treasurer's office to receive the necessary training to become Certified Public Finance Officers.

Jenna Redel was elected by the residents of Boone County to be their Treasurer in November of 2022.

Investments

The treasurer manages an investment portfolio of approximately $170 million in public funds that support Boone County Government and several other local agencies. The treasurer is responsible for ensuring that these funds are invested safely, that the investments are lawful and secure, and that sufficient cash is available at all times to meet the immediate needs of all offices and agencies funded by the treasury. Responsible fiscal management and frequent communication with relevant stakeholders allows the treasurer to accurately forecast cash needs and structure the portfolio to meet those needs, that in turn makes it possible to earn better returns on the public funds in the portfolio, which ultimately benefits the entire community.

Boone County's investments are guided by an Investment Policy that was written by the Boone County Treasurer and adopted by the Boone County Commission. The policy outlines, statutory and legal requirements, investment standards, transaction responsibilities, portfolio management requirements, transparency and review requirements, and the timing and content required for reporting on the investment portfolio.

The primary objectives of investment activities, in priority order, are legality, safety, liquidity, and yield. Currently, your tax dollars are invested in U.S. Treasury notes and bills, U.S. agency bonds, and certificates of deposit.

Bonds

The treasurer issues all general obligation bonds and revenue bonds for the county. Debt is issued for infrastructure improvements relating to Neighborhood Improvement Districts and for county capital improvements. Boone County's bond rating is Aa2, due to the county's historical and present day financial strength. This strong bond rating is among the top 25 percent of all county bond ratings nationwide.

Debt issuance for Boone County is directed by a policy implemented in 2012. The policy provides increased transparency for the process of issuing and managing county debt.

Boone County's Debt Management Policy provides guidance for the types of debt issued, the issuance process, and the administration of the debt portfolio. The policy shows a commitment to financial planning, and stakeholders in the debt issuance process, including bond buyers, rating agencies, and citizens, recognize the importance of having a structured framework in which to issue debt and meet those obligations.

Unclaimed Property

The treasurer is responsible for safeguarding the county's unclaimed property and returning the property to citizens and entities. In 2011, Boone County became the first and only Missouri county to maintain an online search and claim system for unclaimed property. The Missouri Association of Counties recognized these efforts to return citizens money by presenting Boone County with a County Excellence Award in 2012.

To learn more, search Boone County's Unclaimed Property Database, email or call (573) 886-4365.