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Spencer County Fiscal Court approves county clerk's 2019 year-end financial settlement
Summary
The fiscal court accepted Spencer County Clerk Lynn Hesselbrock's 2019 year-end financial report listing $5,744,310.34 in receipts and $5,010,228.42 in disbursements and approved related transfers to cover shortfalls and upcoming election expenses.
Spencer County Fiscal Court voted March 2 to acknowledge and approve the Spencer County Clerk's 2019 year-end financial settlement, which the clerk presented with line-item receipts and disbursement detail.
Clerk Lynn Hesselbrock presented quarterly and year-end figures showing total receipts of $5,744,310.34 and total disbursements of $5,010,228.42 for 2019. The printed report the clerk submitted to the court breaks down revenues and required payments and shows distributions to local taxing entities and districts. The court ordered the report approved by motion from Esq. Brewer and a second from Esq. M. Moody; all members present voted "aye."
During the presentation, the clerk and magistrates discussed specific line items, grant availability for archival work, and the need for several interfund transfers. The court approved transfers to cover election storage and EMS building repairs and approved payment of invoices included in the register presented at the meeting. The motion to approve expenditures explicitly included two additional invoices from RBK Enterprises.
Judge Executive John Riley reviewed recent cash-balance snapshots the clerk provided: the general fund and road fund cash positions were noted month-to-month through February 2020. No new appropriations were made at the meeting; the approvals were acceptance of the settlement and authorization of transfers to cover specified shortfalls documented in the packet.
The court's approval formally closes the 2019 settlement as presented by the county clerk.
