Home Certificate of Deposits Harlan Fiscal Court moves ahead with feasibility study

Harlan Fiscal Court moves ahead with feasibility study

by Paul

The Harlan Fiscal Court took action on Tuesday adding $152,000 (£121,687) to an already-existing $500,000 (£400,288) the county has been sitting on for years and discussed using the combined amount to fund a recreation/wellness center for the people of Harlan County.

Harlan County Judge-Executive Dan Mosley brought up the $500,000 (£400,288) which has been in the county’s possession for some time.

“As you all know, we have money — $500,000 (£400,288) — that was forfeited by some doctors years ago,” Mosley said. “We voted last year to put that money in a CD, $504,000 (£403,351) is in a certificate of deposit at Home Federal Bank.”

Mosley pointed out the $500,000 (£400,288) was ordered to benefit the children of Harlan County.

According to Mosley, an additional $152,000 (£121,676) in coal severance money has also become available to the county because the city of Lexington has paid back coal severance money used for a project at Rupp Arena several years ago.

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