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Shepherdsville council creates dedicated account for aquatic center, pledges $240,000 initial operating funding
Summary
The council approved a resolution to open a separate bank account for the Shepherdsville Aquatic Center’s operating expenses and agreed to seed the account with $240,000 to cover an annual management fee; city officials said most operating costs should be covered by revenue and committed partners.
The Shepherdsville City Council on July 14 approved Resolution 2025-02 to open a dedicated bank account at West Bank for operating expenses of the Shepherdsville Aquatic Center. The resolution requires two signatures on account transactions — the mayor plus the city clerk or deputy city clerk — and becomes effective on July 14, 2025.
Why this matters: City leaders said a separate account will improve transparency and make it easier for the public to track revenue and operating expenses tied to the new aquatic facility, which the city expects to open next Memorial Day weekend.
Mayor comments and council discussion said the city plans to seed the account with about $240,000 to cover an annual management fee and initial operational costs. The council heard that the convention center has pledged substantive operational support and earlier contributed $165,000 to the town square; the mayor and partners also discussed private donations and a foundation to help subsidize admission for lower-income children.
Council members discussed oversight and budgeting: the mayor said the finance director would work on day-to-day transactions but that the mayor would “manage” the account and meet monthly with the facility’s management team to review revenues and expenditures. City staff said management of day-to-day operations would be contracted to a professional operator that will hire staff and collect receipts; the city's projected overhead account number is 5730.
The council voted to approve the resolution; a roll-call vote in the transcript recorded affirmative responses from present members. The mayor said the city will continue developing an operating budget and break-even estimates over the next weeks, and will present monthly financial statements to the council.
No ordinance to appropriate funds was finalized at the meeting; councilmembers said next-year budget documents will show ongoing operating allocations under the overhead account.
