Budget Adoption
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| All right, well now call to order the public hearing for the 2026 budget adoption. | 00:00:03 | |
| For the Floyd County Council, would everyone? | 00:00:08 | |
| Please stand for the Pledge of Allegiance. | 00:00:11 | |
| Pledge allegiance to the flag. | 00:00:14 | |
| Of the United States of America and to the Republic which it stands. | 00:00:16 | |
| One nation under God, indivisible, with liberty and justice for all. | 00:00:21 | |
| Is there anyone from the public that wishes to speak before we? | 00:00:26 | |
| Get into discussion. | 00:00:34 | |
| All right. | 00:00:39 | |
| We will now go into the mining units. | 00:00:42 | |
| Solid waste. Anyone here from solid waste? | 00:00:45 | |
| I'll make a motion to accept the adoption of the 26. | 00:00:50 | |
| 2026 Budget for. | 00:00:55 | |
| The binding unit for solemn waste second. | 00:00:58 | |
| I have a motion a second for solid waste. | 00:01:02 | |
| Budget. Any discussion? | 00:01:04 | |
| Looking for this all in favor say aye. | 00:01:07 | |
| Aye, any opposed? | 00:01:10 | |
| That carries. | 00:01:11 | |
| Georgetown. | 00:01:12 | |
| Georgetown Fire. | 00:01:14 | |
| He's here if we have questions. | 00:01:23 | |
| Is there a motion for Georgetown fires? | 00:01:24 | |
| Budget, uh. | 00:01:27 | |
| I move that it be approved. | 00:01:28 | |
| 2nd, we have a motion a second for Georgetown Fire Districts budget. | 00:01:30 | |
| Any discussion? | 00:01:34 | |
| I'd like to know the rate at which they. | 00:01:36 | |
| This budget is. | 00:01:39 | |
| Going to be approved for. | 00:01:41 | |
| And and this is the. | 00:01:48 | |
| District, not the. | 00:01:50 | |
| I'm sorry, yes, Fire district I've. | 00:01:52 | |
| The fire territory territory, it says district on here, but this is the territory. It's the combined correct because the fire | 00:01:54 | |
| district. | 00:01:58 | |
| The provider unit. | 00:02:03 | |
| I'm sorry, the fire district is the provider unit of the fire Territory, so therefore the fire Territory is in its budget. | 00:02:06 | |
| OK, so you have submitted Baker Tilly prepared the. | 00:02:13 | |
| Ordinance A resolution that for appropriation of tax rates. | 00:02:17 | |
| We also had them prepare a estimate. | 00:02:22 | |
| Tax rates. | 00:02:26 | |
| And we believe the. | 00:02:27 | |
| Estimate for the 26 tax rate. | 00:02:30 | |
| Again, we don't know the. | 00:02:33 | |
| That assess value and all the final. | 00:02:35 | |
| Determination number The number that they gave me was. | 00:02:37 | |
| .37. | 00:02:40 | |
| .63730. | 00:02:42 | |
| 3738. | 00:02:45 | |
| Which would be below the $0.40. | 00:02:47 | |
| Any further questions? | 00:02:54 | |
| Discussion. | 00:02:55 | |
| All in favor of Georgetown. | 00:02:57 | |
| Fired. Say aye. | 00:02:59 | |
| Aye, any opposed? | 00:03:01 | |
| That carries it. | 00:03:02 | |
| New Albany Township. | 00:03:04 | |
| He's here for questions. | 00:03:08 | |
| I the question there is that this is just. | 00:03:12 | |
| The capital. | 00:03:16 | |
| Funds right? | 00:03:18 | |
| And there is a property tax rate associated with that as well. | 00:03:22 | |
| If it's free, I'm not here. | 00:03:29 | |
| Yeah, Ruben it. | 00:03:31 | |
| I can answer the question. | 00:03:33 | |
| I can hear you. | 00:03:36 | |
| So the my understanding is for the budget purpose here for New Albany Township. | 00:03:39 | |
| It is to move over the. | 00:03:45 | |
| Local income tax received the certified shares that will still flow in there and it used in arrears. | 00:03:49 | |
| So that appropriation was to forward that forward to the territory, OK. | 00:03:55 | |
| And back to the Georgetown right then. | 00:04:00 | |
| That rate would be applied to everyone who lives in New Albany and in. | 00:04:03 | |
| Georgetown. | 00:04:08 | |
| Who? Correct, Everyone will have a unified right within the fire territory. | 00:04:10 | |
| Right, which is Georgetown and Township. | 00:04:14 | |
| And the rest is just for the payoff. | 00:04:18 | |
| Little bit of death that. | 00:04:23 | |
| The when they joined the territory, any debt that was established prior to the territory state. | 00:04:25 | |
| Which looks like the special fire dad, but I'm not sure what the special fire is. | 00:04:36 | |
| Professional Fire General is the general fund for fire districts. | 00:04:41 | |
| And special fire debt would be a bond. Well yeah, I understand that. But why would they still be getting money? | 00:04:45 | |
| Why would the New Albany Fire District still be getting a levee? | 00:04:53 | |
| Or is it not a levy that's the money that's forwarded on, correct? It's only an appropriation. You'll see adopted budget and I | 00:04:57 | |
| don't represent this unit, but what I see there, the adopted budget of 675,000 is the ability to take the funds received because | 00:05:03 | |
| there's no adopted tax levy, that tax levy, right? Thank you. | 00:05:09 | |
| You're right, OK. | 00:05:16 | |
| Again, any further discussion on? | 00:05:17 | |
| New Albany Township Fire. | 00:05:20 | |
| All in favor say aye. | 00:05:23 | |
| Aye, we didn't. Nobody made a motion. Oh, I'm sorry. | 00:05:25 | |
| Is there a motion there may approve? | 00:05:28 | |
| Take it we have a motion and a second. Any further discussion? | 00:05:31 | |
| All in favor say aye. Any opposed that carries? | 00:05:35 | |
| Hi, Leonard. | 00:05:39 | |
| Highlander is here for questions. | 00:05:42 | |
| Same question, what's the rate? | 00:05:46 | |
| So unfortunately with the. | 00:05:53 | |
| With the net assessment. | 00:05:55 | |
| The assessment of the. | 00:05:58 | |
| Assess the value of the. | 00:05:59 | |
| Territory or I'm sorry of the. | 00:06:01 | |
| District is not in yet. | 00:06:03 | |
| It's an estimated right now 0.3. | 00:06:05 | |
| .3. | 00:06:10 | |
| OK. | 00:06:13 | |
| Any further questions on Highlander? | 00:06:17 | |
| I'll entertain a motion. | 00:06:20 | |
| Move to be approved. | 00:06:22 | |
| 2nd we have a motion, a second for Highlander fire. | 00:06:24 | |
| Any further discussion on that? | 00:06:27 | |
| All in favor say aye. | 00:06:29 | |
| Aye. | 00:06:30 | |
| Any opposed? | 00:06:31 | |
| That carries the next is Floyd County. | 00:06:32 | |
| Everybody a chance to review. | 00:06:38 | |
| Our budget for 26. | 00:06:43 | |
| Motion to approve. | 00:06:45 | |
| The Floyd County 2026 budget. | 00:06:48 | |
| As advertising. | 00:06:52 | |
| 2nd. | 00:06:54 | |
| We have a motion in a second. | 00:06:55 | |
| Any discussion? | 00:06:57 | |
| All in favor say aye aye. | 00:07:00 | |
| Any opposed? | 00:07:02 | |
| That carries. | 00:07:03 | |
| Item 3 is Salary ordinance for 2026. | 00:07:04 | |
| Can you scroll microphone? | 00:07:14 | |
| I'll make I'll make a motion to approve. | 00:07:20 | |
| The salary owners for 2026. | 00:07:23 | |
| Is there a second? | 00:07:26 | |
| 2nd, we have a motion and a second, any discussion on salary ordinance for 2026? My only question there is we've balanced the | 00:07:28 | |
| salary ordinance back with the budget, Is that correct? | 00:07:33 | |
| OK, we've had that. | 00:07:39 | |
| Issue in the past, but. | 00:07:40 | |
| I figured you could, I just had to ask. | 00:07:42 | |
| Any further questions or discussion on the salary ordinance? | 00:07:45 | |
| All in favor say aye. | 00:07:50 | |
| Aye, any opposed? | 00:07:51 | |
| That carries. | 00:07:53 | |
| Anyone else? I do have one other thing. | 00:07:56 | |
| I just want to. | 00:07:59 | |
| Discuss for a moment the budget that was approved for the 2026. | 00:08:03 | |
| General Fund. | 00:08:08 | |
| It is fully. | 00:08:09 | |
| Funding. | 00:08:10 | |
| Yes, in fact the production state that we should in 20263.5 still. | 00:08:13 | |
| Savings, yeah. | 00:08:21 | |
| I think we did a good job. | 00:08:24 | |
| Damaging that and. | 00:08:29 | |
| Making sure we came in where we needed to there. | 00:08:31 | |
| Doing the work and. | 00:08:37 | |
| Hammering it out. | 00:08:39 | |
| Anybody else from the public want to speak before we closeout? | 00:08:43 | |
| The budget hearing portion is closed. | 00:08:51 | |
| It needs to be adjourned. | 00:08:57 | |
| All in favor of adjournment say aye. | 00:08:59 | |
| Aye, any opposed? | 00:09:03 | |
| OK, I thought we were doing. | 00:09:09 |
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Transcript
| All right, well now call to order the public hearing for the 2026 budget adoption. | 00:00:03 | |
| For the Floyd County Council, would everyone? | 00:00:08 | |
| Please stand for the Pledge of Allegiance. | 00:00:11 | |
| Pledge allegiance to the flag. | 00:00:14 | |
| Of the United States of America and to the Republic which it stands. | 00:00:16 | |
| One nation under God, indivisible, with liberty and justice for all. | 00:00:21 | |
| Is there anyone from the public that wishes to speak before we? | 00:00:26 | |
| Get into discussion. | 00:00:34 | |
| All right. | 00:00:39 | |
| We will now go into the mining units. | 00:00:42 | |
| Solid waste. Anyone here from solid waste? | 00:00:45 | |
| I'll make a motion to accept the adoption of the 26. | 00:00:50 | |
| 2026 Budget for. | 00:00:55 | |
| The binding unit for solemn waste second. | 00:00:58 | |
| I have a motion a second for solid waste. | 00:01:02 | |
| Budget. Any discussion? | 00:01:04 | |
| Looking for this all in favor say aye. | 00:01:07 | |
| Aye, any opposed? | 00:01:10 | |
| That carries. | 00:01:11 | |
| Georgetown. | 00:01:12 | |
| Georgetown Fire. | 00:01:14 | |
| He's here if we have questions. | 00:01:23 | |
| Is there a motion for Georgetown fires? | 00:01:24 | |
| Budget, uh. | 00:01:27 | |
| I move that it be approved. | 00:01:28 | |
| 2nd, we have a motion a second for Georgetown Fire Districts budget. | 00:01:30 | |
| Any discussion? | 00:01:34 | |
| I'd like to know the rate at which they. | 00:01:36 | |
| This budget is. | 00:01:39 | |
| Going to be approved for. | 00:01:41 | |
| And and this is the. | 00:01:48 | |
| District, not the. | 00:01:50 | |
| I'm sorry, yes, Fire district I've. | 00:01:52 | |
| The fire territory territory, it says district on here, but this is the territory. It's the combined correct because the fire | 00:01:54 | |
| district. | 00:01:58 | |
| The provider unit. | 00:02:03 | |
| I'm sorry, the fire district is the provider unit of the fire Territory, so therefore the fire Territory is in its budget. | 00:02:06 | |
| OK, so you have submitted Baker Tilly prepared the. | 00:02:13 | |
| Ordinance A resolution that for appropriation of tax rates. | 00:02:17 | |
| We also had them prepare a estimate. | 00:02:22 | |
| Tax rates. | 00:02:26 | |
| And we believe the. | 00:02:27 | |
| Estimate for the 26 tax rate. | 00:02:30 | |
| Again, we don't know the. | 00:02:33 | |
| That assess value and all the final. | 00:02:35 | |
| Determination number The number that they gave me was. | 00:02:37 | |
| .37. | 00:02:40 | |
| .63730. | 00:02:42 | |
| 3738. | 00:02:45 | |
| Which would be below the $0.40. | 00:02:47 | |
| Any further questions? | 00:02:54 | |
| Discussion. | 00:02:55 | |
| All in favor of Georgetown. | 00:02:57 | |
| Fired. Say aye. | 00:02:59 | |
| Aye, any opposed? | 00:03:01 | |
| That carries it. | 00:03:02 | |
| New Albany Township. | 00:03:04 | |
| He's here for questions. | 00:03:08 | |
| I the question there is that this is just. | 00:03:12 | |
| The capital. | 00:03:16 | |
| Funds right? | 00:03:18 | |
| And there is a property tax rate associated with that as well. | 00:03:22 | |
| If it's free, I'm not here. | 00:03:29 | |
| Yeah, Ruben it. | 00:03:31 | |
| I can answer the question. | 00:03:33 | |
| I can hear you. | 00:03:36 | |
| So the my understanding is for the budget purpose here for New Albany Township. | 00:03:39 | |
| It is to move over the. | 00:03:45 | |
| Local income tax received the certified shares that will still flow in there and it used in arrears. | 00:03:49 | |
| So that appropriation was to forward that forward to the territory, OK. | 00:03:55 | |
| And back to the Georgetown right then. | 00:04:00 | |
| That rate would be applied to everyone who lives in New Albany and in. | 00:04:03 | |
| Georgetown. | 00:04:08 | |
| Who? Correct, Everyone will have a unified right within the fire territory. | 00:04:10 | |
| Right, which is Georgetown and Township. | 00:04:14 | |
| And the rest is just for the payoff. | 00:04:18 | |
| Little bit of death that. | 00:04:23 | |
| The when they joined the territory, any debt that was established prior to the territory state. | 00:04:25 | |
| Which looks like the special fire dad, but I'm not sure what the special fire is. | 00:04:36 | |
| Professional Fire General is the general fund for fire districts. | 00:04:41 | |
| And special fire debt would be a bond. Well yeah, I understand that. But why would they still be getting money? | 00:04:45 | |
| Why would the New Albany Fire District still be getting a levee? | 00:04:53 | |
| Or is it not a levy that's the money that's forwarded on, correct? It's only an appropriation. You'll see adopted budget and I | 00:04:57 | |
| don't represent this unit, but what I see there, the adopted budget of 675,000 is the ability to take the funds received because | 00:05:03 | |
| there's no adopted tax levy, that tax levy, right? Thank you. | 00:05:09 | |
| You're right, OK. | 00:05:16 | |
| Again, any further discussion on? | 00:05:17 | |
| New Albany Township Fire. | 00:05:20 | |
| All in favor say aye. | 00:05:23 | |
| Aye, we didn't. Nobody made a motion. Oh, I'm sorry. | 00:05:25 | |
| Is there a motion there may approve? | 00:05:28 | |
| Take it we have a motion and a second. Any further discussion? | 00:05:31 | |
| All in favor say aye. Any opposed that carries? | 00:05:35 | |
| Hi, Leonard. | 00:05:39 | |
| Highlander is here for questions. | 00:05:42 | |
| Same question, what's the rate? | 00:05:46 | |
| So unfortunately with the. | 00:05:53 | |
| With the net assessment. | 00:05:55 | |
| The assessment of the. | 00:05:58 | |
| Assess the value of the. | 00:05:59 | |
| Territory or I'm sorry of the. | 00:06:01 | |
| District is not in yet. | 00:06:03 | |
| It's an estimated right now 0.3. | 00:06:05 | |
| .3. | 00:06:10 | |
| OK. | 00:06:13 | |
| Any further questions on Highlander? | 00:06:17 | |
| I'll entertain a motion. | 00:06:20 | |
| Move to be approved. | 00:06:22 | |
| 2nd we have a motion, a second for Highlander fire. | 00:06:24 | |
| Any further discussion on that? | 00:06:27 | |
| All in favor say aye. | 00:06:29 | |
| Aye. | 00:06:30 | |
| Any opposed? | 00:06:31 | |
| That carries the next is Floyd County. | 00:06:32 | |
| Everybody a chance to review. | 00:06:38 | |
| Our budget for 26. | 00:06:43 | |
| Motion to approve. | 00:06:45 | |
| The Floyd County 2026 budget. | 00:06:48 | |
| As advertising. | 00:06:52 | |
| 2nd. | 00:06:54 | |
| We have a motion in a second. | 00:06:55 | |
| Any discussion? | 00:06:57 | |
| All in favor say aye aye. | 00:07:00 | |
| Any opposed? | 00:07:02 | |
| That carries. | 00:07:03 | |
| Item 3 is Salary ordinance for 2026. | 00:07:04 | |
| Can you scroll microphone? | 00:07:14 | |
| I'll make I'll make a motion to approve. | 00:07:20 | |
| The salary owners for 2026. | 00:07:23 | |
| Is there a second? | 00:07:26 | |
| 2nd, we have a motion and a second, any discussion on salary ordinance for 2026? My only question there is we've balanced the | 00:07:28 | |
| salary ordinance back with the budget, Is that correct? | 00:07:33 | |
| OK, we've had that. | 00:07:39 | |
| Issue in the past, but. | 00:07:40 | |
| I figured you could, I just had to ask. | 00:07:42 | |
| Any further questions or discussion on the salary ordinance? | 00:07:45 | |
| All in favor say aye. | 00:07:50 | |
| Aye, any opposed? | 00:07:51 | |
| That carries. | 00:07:53 | |
| Anyone else? I do have one other thing. | 00:07:56 | |
| I just want to. | 00:07:59 | |
| Discuss for a moment the budget that was approved for the 2026. | 00:08:03 | |
| General Fund. | 00:08:08 | |
| It is fully. | 00:08:09 | |
| Funding. | 00:08:10 | |
| Yes, in fact the production state that we should in 20263.5 still. | 00:08:13 | |
| Savings, yeah. | 00:08:21 | |
| I think we did a good job. | 00:08:24 | |
| Damaging that and. | 00:08:29 | |
| Making sure we came in where we needed to there. | 00:08:31 | |
| Doing the work and. | 00:08:37 | |
| Hammering it out. | 00:08:39 | |
| Anybody else from the public want to speak before we closeout? | 00:08:43 | |
| The budget hearing portion is closed. | 00:08:51 | |
| It needs to be adjourned. | 00:08:57 | |
| All in favor of adjournment say aye. | 00:08:59 | |
| Aye, any opposed? | 00:09:03 | |
| OK, I thought we were doing. | 00:09:09 |