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Jefferson County approves interlocal agreement to send 30% of township excess funds to roads and infrastructure
Summary
The board approved an interlocal cooperation agreement implementing HEA 1461 that directs townships to transfer 30% of end‑of‑year unrestricted excess funds into a newly established roads and infrastructure fund; Madison Township’s representative said the township has already set funds aside pending approval.
Jefferson County Commissioners voted to approve an interlocal cooperation agreement with Madison Township to implement the requirements of House Enrolled Act 1461, creating a township roads and infrastructure fund funded by a portion of townships' excess unrestricted funds.
A township representative told the board the change will move "30% of what is left at the end of the year from the unrestricted funds" into the new fund, and said the township has already set money aside pending county approval. Commissioner S3 moved to approve the agreement; S2 seconded and the motion carried by voice vote.
The resolution reading (Resolution 2026-15) cited Indiana Code provisions permitting interlocal cooperation and HEA 1461’s requirement that townships identify unrestricted funds exceeding the following year’s budget and transfer a portion into a capital plan. County officials said the auditor will establish the new fund and that project-specific addenda or agreements can be executed as needed.
The action authorizes officials to execute the interlocal agreement; the board did not specify exact project lists during the meeting and directed town and township officials to submit candidate projects for the fund’s use.
