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Bradley County finance committee approves library payoff and multiple budget amendments
Summary
The Bradley County Finance Committee on Dec. 1 approved a package of budget amendments including a $273,000 transfer from the HCI fund to pay off a library note and several departmental revenue and expense adjustments; a proposed revenue reclassification requested by auditors did not pass. Several motions passed unanimously.
Bradley County’s Finance Committee on Dec. 1 approved a series of budget amendments that the committee’s chair said will clear several short-term debts and reallocate operating money ahead of the 2026 budget cycle. The committee voted to transfer $273,000 from the HCI fund balance to cover a library payoff, a move the mayor said should reduce future interest costs if staff call for a payoff figure promptly.
Mayor Davis presented the library payoff plan and advised staff to “call and get the…
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