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Maury County financial board forwards $380 million, 10-year capital plan; directs nonprofit grant-reporting policy and recommends $5,000 raise for finance chief
Summary
The Maury County Financial Management Board voted to forward a roughly $380 million, 10-year capital plan for county and school projects to the budget committee, asked staff to draft a policy requiring nonprofits to list grants they applied for and won, and recommended a $5,000 pay increase for the county finance director.
The Maury County Financial Management Board on an unspecified date voted to forward a roughly $380 million, 10-year capital plan that covers county and school projects to the budget committee for funding consideration, directed staff to draft a local nonprofit reporting policy intended to list grants applied for and received, and recommended a $5,000 salary increase for the county finance director.
The actions were taken during the board's regular meeting after the Office of Financial Management presented the capital plan and current nonprofit reporting practices. Doug Laconan, identified in the meeting as the county finance director and also serving as the school board finance director, described the capital plan and related materials as available in accompanying reports and spreadsheets and said the prior year's plan was about $450,000,000 while the current plan totals about $380,000,000 over 10 years. "Short and sweet, and happy to answer any questions about our department," Laconan said after presenting the materials.
Why it matters: forwarding the capital program sends project priorities to the budget committee but does not commit funding. The…
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