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Commission authorizes transfers to cover year-end shortfalls, approves clerk to sign financials for publication
Summary
During the meeting the commission approved short transfers to cover a negative sheriff fund balance, moved a small motor vehicle balance to the general fund, and authorized the chairman to sign year-end financial statements for publication pending final reconciliations.
The Bourbon County Commission reviewed year-end financial reports and approved several small transfers to cover fund shortfalls and to complete statutory year-end reporting.
County Clerk/Finance staff reported a negative cash balance in the County Sheriff Correctional fund that required an interfund transfer to cover outstanding payables. Commissioners authorized a $20,000 transfer from the general fund to cover overages in the sheriff's account and to provide a cushion for late-arriving invoices. The board also approved moving the…
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