BOARD OF COUNTY COMMISSIONERS Apr 7, 2026 - 05:00 PM

Gadsden County Board of County Commissioners · April 7, 2026

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Budget: set up three-payment plan for balloon debt service

Presentation

7:23 → 10:32(3m 10s)

A staff member explained the plan to spread a balloon payment over three consecutive years so the budget shows $423,000 in debt service this year; one payment already made, two remaining. The presentation clarified the county will not place the full $1,000,002 aside in a single fund but will show $1,000,002 as the total to be paid across the payment schedule.

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Gadsden County Commission discussed a planned multi-year payment to cover a $423,000 balloon debt service item and several budget adjustments, then moved through multiple procurement and capital-project agenda items including library CMAR notices, a Boys & Girls Club RFP and rebids for a hurricane special-needs shelter. Commissioners also debated a new probation vehicle immobilization policy.

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Transcript

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