Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Corrections Finance topic
No spam. Unsubscribe anytime.
Commission amends policy to deposit state inmate revenue into Justice Center reserve
Summary
The commission approved an amendment to resolution 256-46 directing state payments for housing state inmates into a Justice Center Reserve to be used first for jail bond debt service (series 219B) and then for operating expenses of the jail.
Commissioners approved an amendment to resolution 256-46 to clarify how state inmate housing revenue will be treated. The amendment directs the finance director to deposit monies received from the State of Tennessee for housing state inmates into a Justice Center Reserve account; those funds are to be applied first to debt service on the Justice Center bond series 219B and any remaining funds may be used for jail operating expenses.
The amendment was presented by the chair, entertained a motion, seconded and carried by roll call. The amendment does not change the bond terms but clarifies local accounting and the order of use for the state receipts.
What happens next: the finance director will implement the deposit practice as spelled out in the amended resolution and account for receipts in the reserve for bond payments and operations.
