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Owsley County reports $2.47 million in combined balances; officials accept treasury report, discuss closing sheriff fund
Summary
Owsley County officials reviewed the county treasury report showing roughly $2.47 million in combined balances, voted to accept the report and discussed closing a sheriff-related feed-pool account and the ARPA account and transferring funds back to the general fund.
Owsley County officials reviewed a county treasury report showing combined balances of about $2,466,005.74 and voted to accept the report.
The treasury report, delivered after the meeting chair asked Diane for the figures, listed balances including $231,895.30 in the general fund, $1,809,951.45 in another county account the speaker identified as “rogue dollars,” $6,973.56 in the jail account and a total countywide balance of $2,466,005.74. “The ending balance is Okay. I think it was reached 1. For the general, it's $231,895.30. For the rogue, dollars $1,809,951.45. Jail is $6,973.56,” the treasurer reported.
Why it matters: the report provides the baseline the officials used to discuss several housekeeping actions, including closing smaller specialized accounts and moving their balances back to the general fund.
During discussion, commissioners and staff addressed several smaller funds. Speakers said the sheriff’s feed-pool account—used previously to hold funds related to the sheriff’s operations—would be closed and the balance moved back into the general fund now that the sheriff’s office is handling its own budget. The transcript shows several speakers discussing closing that account and moving roughly “30 some thousand” dollars back to the general fund. The meeting record also noted the ARPA account had a small balance (63 cents) and would be closed.
A motion was made to accept the treasury (credit) report; the motion was seconded and members responded “Aye.” The transcript records the motion and a vocal approval but does not provide a roll-call vote tally with individual yes/no votes.
Additional operational notes raised in the treasury discussion included transfers between local economic development accounts (LGEA/LGEDF) and clerk storage and other designated funds, which staff said they would move or reconcile as part of routine transfers.
Ending: County staff and officials indicated they will proceed with the account closures and transfers discussed and will report back as needed in future meetings.
