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Commissioners table decision on Spring 2025 CVET fund placement after auditor, CFO comments
Summary
The board tabled a decision on where to receipt Spring 2025 CVET funds. Auditor Diana Topping said the county administrator will decide which fund to use; CFO Stan Heil recommended County Highway or Local Road and Street Fund.
The commissioners tabled discussion on the Spring 2025 Floyd County Form 22 (CVET) — the report that determines CVET receipts — after the auditor and the commissioners discussed where any CVET funds should be placed. County Auditor Diana Topping said the county administrator will decide what fund the funds will go into and reminded the board that this is a new state policy. Commissioner Stan Heil recommended placing the funds in the County Highway or Local Road and Street Fund. The board moved to table the item on a motion by Jason Sharp with a second from Frank Loop; the motion passed unanimously.
The minutes do not list an exact dollar amount for the CVET receipts or a final decision on fund placement; the issue will return to the board for a future decision once the administrator and staff provide a recommendation.
