Decatur County to ask attorney whether $406,848 in bond project funds can be repurposed
The board heard that a restricted project fund balance of $406,848 is idle and earning roughly $1,400 per month; members agreed to ask the county attorney whether and how those funds could be reallocated or applied to other projects.
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During its meeting, the board discussed a restricted project fund that originated from bond proceeds and is still designated for previously approved projects. The chair reported the project fund balance and suggested the board seek legal advice about options to repurpose or reallocate those funds.
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