Walton County to cover $777,854 shortfall for O'Kelly Library after impact‑fee error
County staff reported an error in previously reported library impact‑fee funds; the Board approved using about $777,854 from Fund Balance to satisfy a $1.2 million IGA commitment for the O'Kelly Library.
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County Manager John Ward told the Board that the intergovernmental agreement (IGA) requires the county to provide $1.2 million from impact fees for the O'Kelly Library, but that the former finance director had reported the available library impact‑fee balance incorrectly. Ward said the county will need to use roughly $777,854.28 from the Fund Balance to cover the shortfall.
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