Finance Board Considers Municipal Lease Agreement for New Ambulance Purchase

During the Madison County Board of Supervisors meeting on July 22, 2025, key discussions centered around the financing of critical infrastructure projects and the acquisition of new ambulances, highlighting the county's commitment to enhancing community services.

One of the primary topics was the Capital Improvement Plan (CIP) for fiscal years 2026 and 2027. The board reviewed several significant projects, including the installation of makeup air units at Waverly Yow School, which has already secured $1.75 million in funding. Additionally, the board discussed the potential renovation of the gymnasium, which could cost up to $230,000 if the entire building is addressed. Another pressing concern is the $150,000 needed for a roof replacement at the EMS station, where inspections revealed serious deterioration.

A notable discussion involved the financing options for purchasing new ambulances. The board explored a municipal lease purchase agreement, which would allow the county to acquire ambulances without incurring traditional debt. This approach offers flexibility, as it includes a non-appropriation clause, meaning the county would not be obligated to continue payments if budget constraints arise in the future. The first ambulance is expected to be ready for possession in October 2026, with the second following in July of the same year.

The board emphasized the importance of keeping the ambulance purchase on the CIP list as a placeholder while monitoring interest rates, which are currently around 5%. This strategy allows for a more informed decision on financing as the delivery date approaches.

In conclusion, the meeting underscored the board's proactive approach to addressing infrastructure needs and ensuring that emergency services remain robust and responsive to community demands. As the county moves forward, these discussions will play a crucial role in shaping the future of public services in Madison County.