RUTHERFORD COUNTY, N.C. — Rutherford County’s proposed 2019-2020 is $83,448,091 and calls for a tax rate decrease of one cent – decreasing from 60.7 cents per $100 valuation to 59.70 per $100 valuation.
Rutherford County Schools (RCS), received an approximate 7% increase from last year to more than $15 million in the proposed budget. The school board, county finance officials, and commissioners were closely together to better meet the needs of the schools. Vice-chair of the RCS board Phillip Morrow thanked the commissioners during the public comment period.
FROM THE COUNTY MANAGER’S BUDGET REPORT . . .
The FY2019-2020 budget was created to ensure that the County can continue to provide core and mandated services, support education and still make investments in economic development and quality of life projects. Rutherford County remains in good financial condition but continues to feel the effects of the economic recession. The unemployment rate in Rutherford County continues to slowly decrease and the rate of unemployment is lower in February of 2019 (5.5%) as compared to February of 2018 (6.2%).
Based on information available in the recently released North Carolina Association of County Commissioners 2018 County Map Book, Rutherford County ranks 74th in average property value ($106,600), 93rd in average income per capita ($30,036), 85% of our students are eligible for free or reduced lunch (ranked 80th in NC), 26% of our children live in poverty (ranked 56th in NC), and our food insecurity rate is 17% (62nd in NC), which continues to demonstrate that while many of the metropolitan service areas centered around North Carolina’s larger urban areas are experiencing significant growth in their revenues, the rural counties such as Rutherford County still lag behind and are not experiencing the same level of economic recovery.Budget Message FY2019-2020 Final with Signature May 6 2019