Board transfers funds to cover jail remodel payment, approves Resolution 47
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The Osceola County Board of Supervisors approved Resolution 47 to transfer funds from the general basic fund to cover a principal and interest payment tied to the jail remodel project.
The Osceola County Board of Supervisors approved Resolution 47, authorizing a transfer from the county’s general basic fund to cover an upcoming principal and interest payment linked to the jail remodel.
At the meeting, a supervisor explained that the county did not levy for a forthcoming June 1 principal and interest payment for the jail remodel, so the board must move money from the general basic fund to cover the obligation. The amount discussed in the record was stated as $150,600 (spoken as “a hundred 50 thousand 6 hundred dollars”).
A motion to approve Resolution 47 was made by Supervisor Helmer with support from Supervisor Devore; the board voted in favor. The board did not change the underlying debt or levy; the action was a budget transfer to ensure the June 1 payment is funded.
The resolution was presented and approved during the meeting’s consent/disbursement section; supervisors recorded ayes when asked to vote.
