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Community grant dollars low
Grant cutbacks on awards possible


Farragut’s Board of Mayor and Aldermen learned recently that the revenue from the Town’s red-light camera system likely won’t be high enough to fully fund the same community grants that were awarded last year.

“We may have to cut back on grants,” Town administrator David Smoak said.

The other option — if the Town were to fund the same grants as last year — is to transfer funds to the community grant pool from the general fund.

Farragut’s community grant program historically has funded the same community grants each year, including money given to Dogwood Arts Festival, Farragut West Knox Chamber of Commerce, the Knoxville Open and Farragut Business Alliance.

This year, in fiscal year 2010, the Town spent $156,000 on community grants. That was up from $147,945 in fiscal year 2009.

The red-light camera revenues make up two percent of the Town’s total revenues.


The Town now is accepting applications for the community grants program for this coming fiscal year. It’s open to non-profit charitable or civic organizations. The grant money is intended for promoting the general welfare of the residents of the Town and the money will be expended at the discretion of the Board.

The deadline for applications to be turned in is 5 p.m., Friday, April 1.

Community grant applications are available online at www.townoffarragut.org

 

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