Lexington’s Urban County Council has made some decisions about spending surplus funds. This has become an expected fall discussion item when there are dollars available.
After explaining the makeup of a $56 million fund balance, City Finance Commissioner Erin Hensley offered up the mayor’s requests. Those included more money for emergency housing, a salt barn project, and boosting Council district capital project funding. Hensley also spoke about setting money aside to earn more than 5% interest.
