County council approves budget with 5M for police station despite opposition concerns

During the Oldham County Fiscal Court meeting on June 3, 2025, significant discussions centered around the county's budget and the pressing need for economic development, particularly in affordable housing. The meeting highlighted concerns about the sustainability of the county's financial practices, especially regarding the use of the rainy day fund, which is often referred to as a reserve.

One key speaker emphasized the importance of diversifying the county's tax base to avoid future service cuts or tax increases. The speaker pointed out that while property taxes from new subdivisions provide minimal revenue, the county relies heavily on insurance premium taxes. This concern was underscored by a personal anecdote about a substantial increase in homeowners' insurance rates, despite recent improvements to the property.

The discussion also touched on the proposed budget, which included a contentious $5 million allocation for a new police station. Some members expressed hesitation about supporting the budget due to this expenditure, arguing that funds should be more closely monitored and that investments in the Oldham Development Authority (ODA) could yield returns for the county.

The meeting concluded with a vote on the budget, which passed with an 8 to 1 majority. However, the discussions revealed underlying tensions regarding fiscal responsibility and the need for strategic planning to address the county's economic challenges. As Oldham County moves forward, the focus on affordable housing and sustainable financial practices will be crucial for its growth and stability.