I, Jeff Lorenzen, certify that:

The undersigned, the Chief Executive Officer and President of the Iowa Public
Agency Investment Trust, with respect to the Form N-CSR for the period ending
June 30, 2005 as filed with the Securities and Exchange Commission, pursuant to
18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley
Act of 2002, hereby certifies that, to the best of my knowledge:

     (a)  the form N-CSR fully complies with the  requirements  of Section 13(a)
          or 15(d) of the Securities and Exchange Act of 1934; and

     (b)  the  information  contained in the form NCSR fairly  presents,  in all
          material respects,  the financial  condition and results of operations
          of the Registrant.


Date:  September 2, 2004


/s/ Jeff Lorenzen
- ----------------------

Jeff Lorenzen
CEO and President





I, Amy Mitchell, certify that:

The undersigned, the Chief Executive Officer and President of the Iowa Public
Agency Investment Trust, with respect to the Form N-CSR for the period ending
June 30, 2005 as filed with the Securities and Exchange Commission, pursuant to
18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley
Act of 2002, hereby certifies that, to the best of my knowledge:

     (a)  the form N-CSR fully complies with the  requirements  of Section 13(a)
          or 15(d) of the Securities and Exchange Act of 1934; and

     (b)  the  information  contained in the form NCSR fairly  presents,  in all
          material respects,  the financial  condition and results of operations
          of the Registrant.


Date:  September 2, 2004


/s/ Amy Mitchell
- ----------------------

Amy Mitchell
CEO