Trumbull County considers rolling over notes totaling several million for water and sanitary projects

Trumbull County commissioners on Feb. 19 heard staff explain three proposed resolutions to adopt short-term note issuances tied to infrastructure work.

Speaker 5 described the first resolution as a $1,250,000 note to cover sanitary projects, a second for $800,000 for water projects and a third $6,500,000 note that will be partly paid down and partly rolled forward. "The ones that are being rolled for some of it is being paid down and some of it is being rolled forward," Speaker 5 said, noting the approach followed a recommendation from the county's financial auditor, Matt Stilinski.

Commissioners asked for clarification about "date issued" fields and the loan history; Speaker 5 said several loans were originally taken in 2024 and subsequently rolled into 2025, with some principal reductions ("we paid $50,000 off on that" on one $800,000 loan). The discussion focused on timing and accounting entries rather than on programmatic changes to project scopes.

No final vote to adopt the note resolutions was recorded on the workshop transcript. County staff and the finance auditor were cited as sources for the rollover approach and amortization choices. Commissioners asked to see the detailed schedules showing which projects are covered under each note and the expected cash-flow implications before a formal action is taken.

Next steps: staff to provide specific loan schedules and the ordinance/resolution language for formal consideration at a subsequent public meeting.