Putnam Bond Moving Quickly While Interest Rates Are Low
The process is moving quickly after this week’s $98 million bond approval by the Putnam County Commission. Mayor Randy Porter said the process is getting an extra push because of the current low interest rates Porter said the county’s bond rating will go out to interested bidders, then typically large banks will compete to be […]
White County Approves Final Budget, Property Tax Rate for 2021-2022
White County is keeping its budget inline with last year after getting final approval Monday night. County Commission Chair Stanley Neal said the board shied away from any major additions or cuts in the $55 million dollar budget. It will include some paving projects but no new buildings. Neal said the county worked to keep […]
Bus Garage/Highway Building Among Capital Projects For Putnam Next Year
Putnam County considering a potential $11 million in capital projects for next year’s budget. County Mayor Randy Porter told the commissioner’s budget committee meeting last night, $2 million to replace the school bus garage and county highway building among the priorities. “We know that we’ve got to build the building first down on Tennessee Avenue,” […]
Algood Budget Passed With Emphasis On New Park, Capital Projects
Algood has approved its 2021-2022, with an emphasis on parks and recreation development. City Administrator Keith Morrison said roughly $4.37 million will be spent with an expected revenue of $3.3 million. Morrison said this is not the type of budget he likes for the city but was necessary to get phase one of the new […]
Major Putnam Roofing Project Bids Come In $1 Million Under Projection
Three major Putnam County roofing project bids have come in roughly $1 million under projected costs. Mayor Randy Porter said roofing improvements will occur at the County Justice Center, Avery Trace Middle School and Cookeville High School. Porter said that in total this work will cost just under $2.7 million. “Kind of almost the opposite […]
