The Woodford County Fiscal Court convened on September 24, 2025, to discuss several key financial matters, including a significant grant from the USDA. The meeting began with an overview of the complexities surrounding the grant, as officials acknowledged that the details were somewhat unfamiliar territory for the county.
The treasurer raised several questions regarding the grant, which will be directed to the Department for Local Government (DLG) for further clarification. The total amount of the grant is $12,295,283.44, with a cost-sharing structure of 75% federal funding and 25% local funding. This translates to a local contribution of approximately $3,073,820.86.
Officials noted that the county had not budgeted for such a large amount in property acquisition and the general fund, indicating potential financial adjustments may be necessary to accommodate the local share of the grant.
The meeting concluded with a commitment to seek further guidance on the grant's requirements and to explore options for funding the local share. The court plans to follow up on these discussions in future meetings as they navigate the implications of this substantial financial opportunity.