Vincennes City Council Approved Fund Transfers for More Accountability

The Vincennes City Council has approved the transfer of various funds to account for City Motor Vehicle Highway funds. The first motion is an ordinance to transfer 95-thousand dollars from paving and capital outlays to the M-V-H restricted fund. Further, Council approved a resolution to shift just under 380-thousand dollars from EDIT, C-C-D, and M-V-H funds to the M-V-H restricted fund. The final transfer is for 125-thousand dollars from the Motor Vehicle Highway Fund to the C-C-D fund.
Vincennes Mayor Joe Yochum told Council the transfers are to prove the City’s fund accountability to the State of Indiana. The two measures were approved unanimously.

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