Board approves June financials; records property tax distribution and skid-steer payment

The board approved the June minutes and the monthly financial report, which showed a property-tax distribution of $125,019.58 and recorded payments including about $40,200 to Bobcat of Ellettsville for a skid steer and roughly $14,000 for tire shredding. The board also noted an interest-free $40,000 loan approved by the council, described in the meeting as carrying a five-year payback.

The financial update said the account began the month with roughly $53,002.45 and that disbursements for the period totaled about $15,008.20; the presenter said those totals reflect the skid-steer purchase and the tire-shredding payment and that the cash balance had fallen as a result. The board voted to approve the financials and claims by voice vote.

Board members and staff discussed that the council-approved $40,000 loan is interest free and will be handled through the auditor with the stated five-year repayment arrangement. No additional conditions on the loan were recorded in the meeting minutes.

Members recorded a separate $10,000 tire-grant award (discussed elsewhere on the agenda) that offsets some of the tire-shredding cost for the year. The board did not adopt any new budget appropriations during the meeting.

Less-critical agenda items—motions to approve minutes, to approve financials and claims, and routine adjournment—were handled by voice vote without roll-call tallies recorded in the meeting transcript. The board also voted to cancel its August meeting and authorized the board president to sign financial claims that arise during that month.

The meeting included operational revenue and program reports (customer counts and tonnages) that staff said are materially affected by the recent equipment purchase and shredding expenses, though no additional formal financial direction or new appropriations were made at this session.