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NC Budget extended until Sept. 18

RALEIGH – Lawmakers said they’re working on a compromise after extending their budget deadline another three weeks. The House and Senate passed a Continuing Resolution this week to ensure funding for the current operations of state government until September 18th, 2015 at 11:59 PM. While the current budget does not have funding for the state to continue paying for […]

N.C. budget negotiations continue through weekend

RALEIGH –State lawmakers are moving closer to budget finalization. House Speaker Tim Moore said Thursday that the House and Senate negotiators  agreed by the end of Thursday on the total amount of money the state budget would spend. High-level negotiations should continue over the weekend, he said, and budget subcommittees will then begin fine-tuning on Monday. […]

Tourism Development Authority board chair controversy

Tourism Development Authority board chair controversy

RUTHERFORD COUNTY, N.C. — County commissioners heard the motion for the appointment of Richard Lundy, a Rumbling Bald executive, for the TDA board chair and heard two calls for a second before announcing the failure of the motion. Lundy in public comments said that he had just recently learned of the transparency and conflicts of […]

Lake Lure Town Council to receive budget

The regular meeting of the Lake Lure town council will be Tuesday, June 9, 2015 starting at 6:00 p.m. in the Lake Lure Municipal Center. Town manager Chris Braund will present the Fiscal Year 2015-2016 town budget and message for council. The public hearing will follow regarding concerns and questions about the proposed budget. Council will consider budget […]

Rutherfordton approves new budget

Rutherfordton approves new budget

RUTHERFORDTON – The North Carolina General Statute requires that the Town adopt a budget no later than June 30th of each calendar year for the coming Fiscal Year. The Town Council met that commitment at last Wed. meeting. The proposed budget for Fiscal Year 2016 holds the tax rate at $0.567 tax rate per $100 of assessed valuation […]

ICC presents budget request to County Commissioners

RUTHERFORDTON- In a special meeting Monday night the ICC Board of Trustees presented the County Commissioners their 2015-2016 budget for $7,623,284. After opening remarks by Dr. Bobby England and ICC President Walter Dalton, the presentation was turned over to VP Steven Matheny. Matheny stressed that ICC’s operating budget was critical this year. Leonard Hollifield, chair […]

McHenry issues statement on House budget

McHenry issues statement on House budget

WASHINGTON — In a vote down party lines, House Republicans approved a $3.8 trillion budget that includes a $2 billion increase in defense spending Wednesday, March 25. The $2 billion is only top of an already budgeted $36 billion increase for the Department of Defense. “Our nation continues to face grave threats both at home and […]

Commissioners move ahead with EMS/Library loan

Commissioners move ahead with EMS/Library loan

County Commissioners will proceed with 1.8 million dollar loan for EMS/Library. Commissioners met Monday night at 6PM at the County Annex in Rutherfordton. They voted to proceed with the loan from SunTrust Bank for 15 years at 2.65% interest. Yearly payments will be $148,634.00. Commissioners meet the first Monday of the month at 6 pm […]