The Shelby County Supervisors have approved the Fiscal Year 2012 audit. During a regular meeting this (Tuesday) morning, Chris Nelson from Gronewold and Company, told the supervisors the county is in a good financial situation. He said “Overall you are in a good position. You have very little debt and good infrastructure. You always have projects that needed to be done and find financing for those. But overall the county is in good financial health.”

In other business, Shelby County Treasurer Carolyn Blum told the Board her office needs a new counter door, and the board approved a new crank counter door for $4,282. Shelby County Auditor Marsha Carter mentioned also, the county needs a real estate program update. The County has been budgeting for the update for the past few years. The board approved an estimate of $56,216, which will come out of the FY 2014 budget. The estimate includes training and travel for county workers.

The Shelby County Board received some good news during their meeting, from Supervisor Roger Schmitz, who reported that as of June 1st, the County will be debt free after paying off the 2007 Douglas Road bond. Schmitz said “When we had the bond we couldn’t pay it off for 5 years. Our 5 years will be up on June 1st. We will owe $605,000. We never spent all the money we bonded and we will have $422,162. So anyway, if we pay it off the first of June, we will save $72,425.04”

The Board approved a resolution authorizing the payment.

(Joel McCall/KNOD)