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Mayor says TVA impact funds will be appropriated by commission for capital projects
Summary
Commissioners asked how recent TVA impact checks would be used; the mayor said impact funds must be appropriated by the full commission and recommended holding the money in Fund 171 for capital projects rather than recurring costs.
Commissioners questioned the mayor about recent TVA impact receipts and whether the mayor had plans to spend the money without full commission oversight. The mayor replied that "that money cannot be spent until this full commission appropriates it," adding that impact money is one-time funding intended for capital projects and not recurring salaries.
He said the budget committee recommended placing the money in Fund 171 for capital projects so the county would have the flexibility to fund larger, one-time projects rather than recurring costs. Commissioners pressed for transparency about potential projects to be funded by upcoming impact checks; the mayor said projects would be identified and require a two-thirds vote of the body before any expenditure.
