The county’s Exhibit G (Sinking Fund Accounts) includes an itemized entry for a U.S. District Court judgment in favor of Floyd Patterson, principal $4,820,996.01, dated Aug. 19, 2024. The Schedules show $1,606,998.67 of principal was provided for and paid during 2025‑26; the document records the “PRINCIPAL AMOUNT NOT PROVIDED FOR $3,213,997.34.”
The Sinking Fund cash statement (Exhibit G) shows total receipts of $2,093,030.92 during 2025‑26 and disbursements including $1,606,998.67 of judgement principal and $365,233.37 of interest, leaving a cash balance of $244,467.21 on June 30, 2026. The report treats the judgement as an obligation being provided for by tax levy entries in the sinking fund schedules; the Exhibit shows the county applied part of the accrued sinking‑fund resources toward the court judgment in 2025‑26.
Why it matters: a multi‑million‑dollar judgment affects the county’s long‑term fiscal capacity and explains part of the sinking‑fund activity and cash movements recorded in the financial packet. The Sinking Fund schedule records the judgment details and the levy amounts computed against it.