The Van Buren County treasurer told the Quorum Court at its meeting last week that the county general fund is in the hole.
“County general at the moment is negative $27,000,” Kim Hunley told the justices of the peace last Thursday.
She said this is why it is important to have a carryover at the beginning of the year.
In 2012, $1.109 million was carried over from 2011, and $1.162 million was used through last October. This year, $1.547 million was carried over, and so far this year, $1.574 million has been spent from the fund, leaving the county $27,164.82 in the red.
Hunley said the current financial problem is because payroll was just distributed.
She said a major revenue for the county is the sales tax, which is normally almost $100,000.
In other news, the Quorum Court heard a report on the refurbished Convention Center in Fairfield Bay. It’s grand opening is Oct. 12.
Also at the meeting, county economic development director Peter Giovannini said Global Foods was meeting with White River Planning in Batesville and a bank to get all their ducks in a row and “hopefully close in the very near future.”
The Quorum Court’s next regular meeting is 7 p.m. Oct. 17 at the County Courthouse Annex on Highway 65 in Clinton.