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Board of Finance OKs exception to keep Community Corrections interest in project fund
Summary
The Dubois County Board of Finance voted to approve resolution 2026-01 allowing interest from the Community Corrections project income fund (about $70–$75 annually) to remain in that fund as an accounting exception to simplify bookkeeping.
The Dubois County Board of Finance voted March 16 to approve resolution 2026-01, authorizing an exception to the county's interest-bearing account rules so interest earned by the Community Corrections project income fund remains within that fund.
The move was presented by county counsel as a bookkeeping convenience: the fund generates only about "$70-$75" of interest a year, and formal approval from the board is required to treat that income as an exception to general accounting principles. "Basically it allows for an easier bookkeeping process for the amount that's involved," the attorney said.
Board members and the county treasurer said the change does not alter the amount available for programming; it simply keeps the small annual interest amount under the project fund and reduces administrative hassle. Commissioners approved the resolution by voice vote and signed the paperwork.
Because the action is procedural and limited in dollar amount, no additional appropriations were required. The board closed the finance meeting and moved on to the regular commissioners' agenda.
