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Council approves budget amendment correcting clerical error; carries $4.78 million forward
Summary
On second reading the council adopted Ordinance 025042 to amend the FY2024–25 budget, correcting carried-forward and resource totals (reducing prior reported carryforward figures). Council members said the change fixes a clerical error and is necessary for audit purposes.
The Shepherdsville City Council on Oct. 27 adopted Ordinance 025042, an amendment to the fiscal year 2024–25 budget that corrects carryforward and resource figures and adjusts the estimated fund balance.
The ordinance deletes prior figures for transferred-in ARPA/bonds and funds carried forward and replaces them with corrected totals. The staff summary reads: resources transferred in: deleted $16,702,500, added $14,702,500; funds carried forward: deleted $2,302,211.63, added $866,700.49; total funds carried forward deleted $19,004,711.63, added $15,569,200.49. The ordinance summary lists total resources available for appropriation deleted $48,007,707.32, added $44,572,196.18, with the excess of resources over appropriations adjusted from $8,213,108.35 to $4,777,597.21.
Catherine and council members explained the change is a clerical error that required correction for audit purposes. “That 4.777 is the 4.8 that you see in your new budget that I've mentioned on several occasions. That was a clerical error,” staff said during the meeting.
Council moved and seconded the ordinance for adoption and then voted. Recorded votes show affirmative votes from Mike, Faith, Bonnie, Brad and Ronnie; one member recorded a negative vote (Rob). The ordinance passed.
Council members said the adjusted numbers will be reflected in financial statements and audit documentation.
The ordinance takes effect on publication as required by state law.
