Tag Archives: State Budget

House Speaker Cameron Sexton said he anticipates a two percent increase in the state’s budget next fiscal year. Sexton updated regional leaders about the latest legislative efforts at the UCHRA Board of Directors Annual Meeting Wednesday. “The budget it is very good this year,” Sexton said. “The numbers are still up. You will still see very conservative budget estimates. I ... Read More »

The unincorporated town of Wilder in Fentress County will receive $500,000 though Governor Bill Lee’s newest budget. State Representative John Mark Windle said the money will be used to develop tourism attractions in the once populated coal mining community. “I’ve heard estimates as high as 7,000, but certainly, there were close to 5,000 residents in a close proximity to the ... Read More »

House Speaker Cameron Sexton said he believes the Senate and House has passed a good budget with over $300 million in tax relief. Sexton said that includes $80 million for a sales tax holiday on groceries for all of August, as well as, $121 million to waive vehicle tag renewal costs over the next year. “We have excess revenue right ... Read More »

Tennessee Tech President Phil Oldham said Governor Bill Lee’s state budget passed last week is good news for the university. $500,000 were allocated to Tech’s Cybersecurity Education and Research Center. Oldham said that funding will be used for outreach and educational activities for students in the program. “They specialize in helping students prepare for the workforce in cybersecurity,” Oldham said. ... Read More »

Tennessee Tech has been approved for the state funding needed to break ground on its new engineering building. Construction funding for the project was delayed last year due to COVID-related budget concerns. But, Governor Bill Lee’s recently passed budget has the needed funds. President Phil Oldham said just under $50 million has been allocated for the project. “Funding for the ... Read More »

Upgrades to roads and more infrastructure for counties are some of the Upper Cumberland benefits of the state’s new budget. That is according to State Representative Ryan Williams. Governor Bill Lee’s $42.6 billion budget passed Thursday. “Our state was one of seven states to show positive economic growth through the midst of COVID, which is no small feat,” Williams said. ... Read More »

COVID will likely decrease the some $4.5 million of proposed state funding for counties that lost property tax revenues from the March tornado outbreak. Representative Ryan Williams along with other state officials are working on a budget request for the relief. But, Williams said budget constraints have caused some uncertainty. “In regards to all the monies that are flowing around ... Read More »

The end of the Tennessee General Assembly session is in sight. House Speaker Cameron Sexton said legislative work could finish as soon as the first week of May. “We are still working some on the budget, so hopefully, we’ll have the budget passed the last week of April hopefully,” Sexton said. “That is probably the biggest thing left, and once ... Read More »