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Dubois County Council approves $1.14 million transfer to MVH Highway Restricted Fund
Summary
The Dubois County Council voted 6-0 on Dec. 30 to transfer $1,139,566.77 from the MVH Highway Fund to the MVH Highway Restricted Fund under Resolution 2024-20; the restricted funds must remain until used for construction, reconstruction, or preservation.
The Dubois County Council voted 6-0 on Dec. 30, 2024, to adopt Resolution 2024-20 and transfer $1,139,566.77 from the Motor Vehicle Highway (MVH) Highway Fund (Fund 002-1176) to the MVH Highway Restricted Fund (Fund 060-1173). Auditor Sandra L. Morton presented the resolution, which reiterates that amounts held in the restricted fund in excess of the statutory 50% allocation must remain there until expended for construction, reconstruction, or preservation.
The motion to approve the resolution was made by Ryan Craig and seconded by Meredith I. Voegerl; the council recorded a 6-0 vote. President Michael W. Kluesner presided over the meeting. The resolution text included a restatement of the county's practice under the State Motor Vehicle Highway Account distribution and the authority to allocate more than the required 50% of distributions to the restricted fund.
Auditor Morton was the presenting official for the item; the minutes do not list additional conditions or an implementation timeline beyond the standard restriction that the excessed amount remain in the restricted fund until expended for eligible highway construction or preservation projects. The council did not specify the particular projects to which the transferred funds will be applied during the meeting.
The council's action closes the item for Dec. 30, and council members will address related budget items during upcoming meetings as needed.
