Financial Management Committee Will Recommend Paying Off a $2,000,000 Bond

The county Financial Management committee met Thursday and moved to recommend a total of 15 budget amendments to the county's budget.

One of those is $331,243.16 amendment from library appropriations. A second amendment involves $2,000,000 of new money.  This is to payoff an issue that is callable now. The principal payoff comes from debt service fund balance.

After the meeting Finance Director Mike Nichols spoke with News Director Keith Sherley

AUDIO: 02-07-2013 Finan Mgmt Mike Nichols

Other amendments included six for the Madison County Health Department, one for Community Corrections, one for County Mayor's office, and five General Purpose School fund.

Budget recommendations will be made at the next County Commission meeting.  The CLB will meet Tuesday morning at 8:30, February 19,  instead of Monday evening the 18th due to the holiday.