County finance staff present FY26 budget recertification, micro-purchase threshold for federal grants and continuing-disclosure filing

Scott County finance staff briefed the Board of Supervisors on June 10 on several routine but required fiscal items tied to the July 1 start of fiscal year 2026, including a recertification of the budget, temporary procurement thresholds for federal grants, fund transfers for the new fiscal year and confirmation that the county met continuing-disclosure obligations for outstanding debt.

Finance staff said the budget recertification resolution will allocate the county’s $135 million budget by department, salary and benefit classifications, purchased services, supplies, capital outlay and debt. The staffing tallies in the memo reflect data available when the memo was drafted and do not incorporate the sheriff’s proposed organizational change discussed earlier; staff said they can amend the resolution in Thursday’s packet or present a corrected resolution reflecting a one-position net reduction if the board prefers.

Because federal grant rules require formal quotes at a $10,000 threshold under uniform guidance while county policy requires formal quotes at $25,000, staff asked the board to adopt a temporary $10,000 micro-purchase threshold for grant-related purchases for the next 12 months so grant procurements comply with federal requirements. Finance noted this was a technical compliance change and that normal county policy would resume afterward.

Staff also requested approval to execute FY26 fund transfers as budgeted—routine bookkeeping moves that flow funding monthly to component units including the Scott Emergency Communication Center (a blended component unit), Scott County EMA and the Scott County Library (discrete component units). The memo said these transfers have not changed in the last 12 years and will be processed monthly to provide cash to those entities.

Finance reported that the county’s continuing-disclosure filings related to past bond issuances were completed and posted to the national database; one component filing was completed on June 10 and other financial statements were filed earlier in the year. Staff said the county has not issued new debt in more than five years and that they will provide required annual training tied to any future debt issuances.

Staff presented these items as routine administrative actions to ensure compliance with state and federal rules; formal resolutions and transfers will appear on the board’s Thursday meeting agenda for adoption.