The Rutherford County Budget, Finance and Investment Committee on Jan. 8 approved a slate of routine items, including minutes, financial reports and a series of budget amendments and grants.
Key approvals included:
- Approval of meeting minutes from Dec. 4 and a Dec. 16 joint meeting with the school board.
- Investment report: Ted Bailey, the county trustee, reported recent placements and short-term yields: "we were able to lock in a year right at $3.08," and the committee accepted the report.
- Fund condition report: Michael (Finance Director) said property tax collections were at about 51% (in line with expectations) and county sales tax collections were up year over year. The committee approved the report.
- Risk management: Ed Elam requested a $3,500 transfer from postage to travel to cover CTAS training; the committee approved the transfer by roll call.
- Sheriff’s office: Deputy Chief Steve Spence asked to re-appropriate $179,500 from unassigned fund balance into a jail-building improvements line for a prior-year purchase order that had been closed accidentally; the committee approved the correction.
- Grants: The committee accepted a $475,683 violent-crime intervention ZIP Codes grant (to buy license-plate readers and a NIBIN system) and a $50,000 no-match state cybersecurity grant to strengthen county cybersecurity infrastructure.
- TVA incentive: Staff were authorized to apply for up to roughly $23,000 in TVA incentives related to recent Judicial Building HVAC upgrades.
Other business included annual capital-asset reporting and a bookkeeping reissue of roughly $26,000 to the Kittrell Community Center following a name change; each item was approved by roll call.