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Budget committee forwards ordinances 2607 and 2608 after staff explains settlement fund transfers
Summary
The Faulkner County Budget and Finance Committee voted to forward proposed ordinances 2607 and 2608 to the full court after staff explained transfers needed to close an Arkansas opioid settlement fund, refund roughly $2,900 for software, and reallocate several grant reimbursements tied to differing fiscal years.
The Faulkner County Budget and Finance Committee voted to forward proposed ordinances 2607 and 2608 to the full court after a staff presentation clarified several fund transfers and accounting adjustments.
Margaret, the treasurer, introduced the business before the committee and a committee member moved to take up ordinance 2607, which the committee approved by voice vote. Later the committee considered ordinance 2608 and discussed multiple sections requiring transfers and appropriations.
Willie, a county staff member, explained that section 4 of ordinance 2608 concerns the Arkansas opioid settlement fund and said the county must transfer money from county general to make the settlement fund whole because the fund had run negative under…
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