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Spencer County fiscal court approves first reading of $709,943 budget amendment, to send to state review

Spencer County Fiscal Court · March 2, 2026
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Summary

Spencer County Fiscal Court gave first reading to Budget Amendment #1 (Ordinance No. 6, FY2025-26), which adjusts receipts and expenditures by $709,943.06 across multiple funds and will be forwarded to the Kentucky Department for Local Government for approval.

Spencer County Fiscal Court on March 2 took first reading and approved sending Ordinance No. 6 (Budget Amendment #1 for fiscal year 2025-26) to the Kentucky Department for Local Government (DLG) for review. The amendment adjusts receipts and expenditures across general, road, jail, opioid and other special funds by a net total of $709,943.06.

The amendment list read into the record shows both increases and decreases in specific account lines. Notable receipt entries included a $1,000,000 increase listed under "Borrowed Monies" (Account 01-4911) and adjustments such as Opioids ($40,447.15) and various transfers in and out. Expenditure adjustments called out items including Farmers Market/Pavilion construction (Account 01-8099-741-P) with an increase of $362,637.99 and housing contracts (03-5101-314-0) at $232,849.00. Several surplus and transfer lines were reduced (for example, General surplus lines reflected negative adjustments) and other funds such as Sheriff Federal Drug Forfeiture and SB135 were adjusted as listed in the ordinance text.

Per county procedure, DLG approval is required before amended appropriations can be spent or transferred; the court approved the amendment's first reading and will schedule second reading and adoption after DLG signs off.

Ordinance language and the detailed account-level adjustments were entered into the minutes as part of the official record; the transcript lists account codes and dollar amounts for receipts and matching expenditure adjustments.