Tag Archives: Budget

Overton County will continue operating with this year’s budget after County Commissioners approved a continuing budget resolution Monday. County Executive Ben Danner said the school system continues to tweak its budget based on last-minute federal and state changes. “Right now, we are waiting on the schools to get their budget approved,” Danner said. “We hope on July 14th they have ... Read More »

The new Spencer budget includes no new tax increase. Spencer Mayor and Board of Aldermen passed a $587,000 budget. The 2021 budget is the same as last year’s except for the addition of one police officer. Spencer Mayor Mickey Robinson said the city’s budget has been healthy for years. Robinson said the extra officer will allow law enforcement to patrol ... Read More »

The Putnam County School Board approved its new fiscal year budget Thursday night with a shortfall reduced to $102,300. That shortfall will be paid from fund reserves. School Board Member Celeste Gammon said that is something the board cannot do consistently. “We’re in a good position to be able to take this from our reserve funds,” Gammon said. “Obviously with ... Read More »

Sparta Board of Mayor and Aldermen approved a $5.4 million budget for the new fiscal year with no city property tax increases. The budget is the same amount as last year, but all the departments received capital projects in the budget. City Administrator Brad Hennessee said completing the budget during the uncertainties of Covid is a success. “We are glad ... Read More »

Fentress County Commissioners will consider a plan to refinance the Justice Center based on lower marketplace rates. The County Budget Committee voted unanimously Thursday night to support the refinance. It will save the county some $2.2 million over the next 30 years. Cumberland Securities of Knoxville presented the plan which includes fixed interest rates under 2.5 percent. The county’s original ... Read More »

Cookeville City Council approved the 2020-2021 budget on second reading Thursday night. The budget totals $29.656 million in expenses. That’s an increase of roughly $500,000 from the current fiscal year. Revenues are budgeted at $29.119 million. The property tax rate remains at $0.99. That includes $0.72 going to the general fund, $0.15 to the transportation infrastructure fund, $0.04 each to ... Read More »

It’s back to the drawing board in Pickett County as five County Commissioners voted against the proposed 2020-2021 budget. Fourth District County Commissioner Darrell Garrett was one of the five. Garrett said this year’s budget did not decrease taxes or search for other sources of revenue for the county. “We let the people know in good faith that when we ... Read More »

The Fentress County Budget Committee voted Thursday night to provide a six percent salary increase to emergency workers inside the county ambulance service. Commissioner Kim Davidson said the county needs to provide the best medical service it can provide. “We don’t have a hospital so we have got to have a good ambulance service,” Davidson said. “Our citizens depend on ... Read More »

Crossville resident Darrin Stryker said the city’s proposed property tax hike is unfair to residents dealing with difficult economic times. Stryker was the lone speaker at Tuesday night’s public hearing on the budget. As currently constructed, the budget includes a five-cent property tax increase. “To stick it to the people of the city of Crossville and say ‘hey, we need ... Read More »

The city of McMinnville wants to see the full financial impact of the coronavirus before continuing budget discussions. McMinnville City Administrator Nolan Ming said the city expected a significant drop in sales taxes and revenues. But so far, the numbers are better than expected. Regardless, the city still wants to wait for the final numbers to create an accurate budget. ... Read More »