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Tue, Jul 22, 2014

RuCo to receive $430.45 million from state in FY 2012

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State Sens. Jim Tracy (R-Shelbyville) and Bill Ketron (R-Murfreesboro) announced Thursday during the fiscal year 2011-2012 Rutherford County will receive approximately $430.5 million in state appropriations. 

Also, Rutherford County will receive a portion of the federal funds included in Tennessee's $30.8 billion budget as adopted by the 107th General Assembly.

Listed budget appropriations for Rutherford County in the following general categories are:
• $182.5 million for education (kindergarten through 12th grade);
• $81.8 million for economic development and higher education;
• $34.4 million in shared state tax collections;
• $105.8 million for health and social services;
• $14.35 million for justice and public safety;
• $4.6 million for recreation and resources development;
• and $3.3 million for state highway projects. 

In addition, Rutherford County will receive more than $3.6 million in capital outlay, which includes three projects for Middle Tennessee State University.

“Overall, we have seen an increase of $3.2 million in total state dollars coming into our county over last year's budget and $58.9 million from the 2009-2010 budget,” said Ketron, who serves on the Senate Finance Committee and is chairman of the General Assembly’s Joint Fiscal Review Committee.  “This is good considering the state reductions which have been made over the past year.”

The state budget was reduced $1.2 billion from the 2010-11 budget, which is a decrease of 3.8 percent.

"I think Rutherford County fared very well in this budget considering the limited resources available" said Tracy, who is chairman of the Senate Transportation Committee. "Our transportation funds grew by almost one-third which is very beneficial to the citizens of Rutherford County. A good transportation system is part of the essential infrastructure needed to help us recruit new jobs to our area.”

The county-by-county statistics are prepared by the Office of Legislative Budget Analysis, which works in concert with state finance officials in gathering the detailed information.

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Bill Ketron, Economy, General Assembly, Jim Tracy, State, Tennessee
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