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Shepherdsville reports nearly $2 million carryover; mayor proposes using part to accelerate loan payoff

5407156 · July 16, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The mayor told council the city ended the fiscal year with revenues above projections and expenses under budget, producing a carryover “almost $2,000,000”; he asked council to consider placing some of the surplus into a reserve to pay off a loan for capital projects earlier than scheduled.

The mayor reported to the Shepherdsville City Council on July 14 that the city finished the fiscal year ending June 30 with revenues above projections and expenses below budget, producing a carryover the mayor described as “almost $2,000,000.” He commended department heads for finishing…

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