Marshall County Council Boosts Rainy Day Fund

The Marshall County Council has decided to transfer some leftover money into the county’s Rainy Day Fund.

Last month, council members decided to look into the possibility of transferring the maximum amount of money from the county’s General Fund. But on Monday, Council President Judy Stone suggested reducing that amount to $1.5 million. “Even though we have the capacity to move $2.3 million into Rainy Day, I think, as our next tax collection isn’t until May – and this is just my thought; there are seven of us here – it might be prudent to move $1.5 million into Rainy Day and leave that cushion there in the General Fund,” she explained.

She pointed out that once that money’s in the Rainy Day Fund, the county would be able to use it for the next round of Community Crossings grants for road work, which require a 50-percent match from local governments. Council members approved the transfer resolution, unanimously.

During Monday’s meeting, the council also voted to re-appropriate money for several expenditures that it approved last year, but weren’t spent by the end of 2016. That includes funding for courthouse elevator repairs, upgrades to the air conditioning at the County Building, roof repair at the County Museum, a new generator for the Highway Department, and a vehicle purchase for the Sheriff’s Department. Funding was also approved for the remaining bills for the County Health Department’s move to the Community Resource Center, as well as the department’s rent payment.