Lexington, Kentucky, Sep 11, 2013 -- Thomas G. Fern, Kentucky State Director for USDA Rural Development visited the Flemingsburg Fire Department to highlight the arrival of the city’s new fire truck.
“The new pumper truck will be a tremendous addition to the fire department and instrumental in their firefighting capabilities for the Flemingsburg area,” Fern said. “USDA is pleased to work in partnership with the City of Flemingsburg to finance the purchase of this new fire truck.”
USDA provided $250,000 ($200,000 loan/$50,000 grant) in 2012 for the purchase of the new vehicle. The loan has a 10-year repayment period at an interest rate of 3.375 percent.
USDA, through its Rural Development mission area, has a portfolio of programs designed to improve the economic stability of rural communities, businesses, residents, farmers and ranchers and improve the quality of life in rural America.
USDA has made a concerted effort to deliver results for the American people, even as USDA implements sequestration – the across-the-board budget reductions mandated under terms of the Budget Control Act. USDA has already undertaken historic efforts since 2009 to save more than $828 million in taxpayer funds through targeted, common-sense budget reductions. These reductions have put USDA in a better position to carry out its mission, while implementing sequester budget reductions in a fair manner that causes as little disruption as possible.