After several financial unknowns because of the COVID-19 pandemic and numerous budget amendments, City of Hopkinsville Chief Financial Officer Robert Martin said he was happy fiscal year 2020-2021 ended well.
Martin made the comment when he presented his end of the fiscal year financial report to Hopkinsville City Council Tuesday night and said the city did end with a positive year.
Martin said the city ended the fiscal year with an available cash balance of $12.1 million in available cash. He noted the payroll tax came in under budget but collections in the last two months of the fiscal year pushed the city over the prior year’s collections.
Martin said they ended the year very well and the $900,000 of the $1.8 million of the COVID relief fund he will bring before the Committee of the Whole next month for future use.
Mayor Wendell Lynch added it was a very good year – a year they started with a lot of apprehension.
In old business, the council unanimously approved on second reading an ordinance closing a portion of East 11th Street between Virginia Street and Main Street.
In other action, Kate Russell was reappointed to the Hopkinsville-Christian County Public Library Board of Trustees effective September 1 with her term to expire August 31, 2025.
And the Council approved the appointments of Frances Torain Dunbar to fill the unexpired term of Rose Jackson and Bertha Wimberly to fill the unexpired term of Tiffany Mumford Brame on the Non-Partisan Elections Citizens Committee, effective immediately.
