The Crossville City Council voted Tuesday night to raise property taxes five cents in a first reading of the ’20-’21 budget. The property tax rate would increase to 64.05 cents per $100 of assessed value. Without a tax increase, the city would need more than $200,000 from its rainy day fund. “You can always go back next year and roll ... Read More »
Tag Archives: Greg Wood
Insurance Costs A Concern To Crossville Council
Crossville City Council got its first look at a $17.6 million budget Thursday night during a budget work session. The council’s biggest issue during the nearly two-hour session focused on health insurance costs and trying to understand what made up the numbers. The city’s insurance plan does not align with the budget meaning the city has to predict January increases. ... Read More »
Crossville Ratcheting Down Revenue Plans
Crossville City Council members will look at a graduated one-time bonus for city employees when they begin considering the city’s budget. The city has suspended its pay improvement plan temporarily because of COVID-19. City Manager Greg Wood said lower-paid employees would receive a 1.5 percent bonus, with mid-range employees at one percent, and higher-end employees at 0.5 percent. Wood sent ... Read More »