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Boyd County approves KACO lease to finance Kenworth triaxle dump trucks
Summary
The fiscal court voted to approve a lease-financing resolution through the Kentucky Association of Counties (KACO) to acquire triaxle dump trucks, switching to Kenworth brand for this cycle. Commissioners said the program is interest‑only monthly financing and the county typically auctions older trucks at the end of the lease.
The Boyd County Fiscal Court on Feb. 11 approved a resolution to finance new triaxle dump trucks through a lease program administered by the Kentucky Association of Counties (KACO).
Commissioner Holbrook described the annual program and noted the county switched to Kenworth trucks this year rather than Mack. He said the lease is structured so the county pays interest monthly; older trucks are typically taken to auction at lease end. The court did not provide exact monthly payment amounts in its presentation but referenced prior payments in general terms.
Holbrook called the program “a good program for us and for our guys,” saying the county acquires new trucks annually and then sells or auctions older units. He said auction results vary year to year.
The resolution presented to the court authorized lease financing, payment security provisions, execution of related documents and certain designations related to the lease. After a short discussion the court took a recorded roll call and approved the resolution.
Recorded roll call on the resolution in the transcript shows Commissioner Stapleton, Commissioner Holbrook, Commissioner Salisbury and Judge Chaney voting yes.
