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Putnam County boards hear Annex financial plan; levy and local funds discussed
Summary
On Aug. 8, 2024, Baker Tilly presented a comprehensive financial plan for the Annex to the Putnam County Board of Commissioners and County Council; discussion focused on levy funds, Local Income Tax (LIT), the cumulative fund and Motor Vehicle Highway (MVH) funds. No votes were recorded.
On Aug. 8, 2024, the Putnam County Board of Commissioners and the County Council met in joint session at the Putnam County Courthouse to receive a presentation on a comprehensive financial plan for the Annex. Jason Semler and Brandon Srugs of Baker Tilly presented the plan to both boards; the transcript records that the presentation covered funding sources and the county’s options for supporting the Annex project.
Commissioners David Berry (President) and Tom Helmer (Vice President) and County Council President Stephanie Campbell were present for the presentation alongside other commissioners and council members and Evelyn Williams from the Auditor’s Office. The boards discussed levy funds, the local income tax (LIT), the county cumulative fund and Motor Vehicle Highway (MVH) funds as potential revenue or constraint points for the Annex plan. The transcript does not record motions, votes or specific dollar amounts tied to a decision. Both boards adjourned at the end of the joint session.
