Tuesday, June 28, 2022
Happening Now

Tag Archives: Tax

Overton Budget Committee Reviews General Fund

The Overton County Budget Committee reviewed its proposed general fund budget line by line Tuesday night. Increased starting wages, more money for schools, and a new EMS assistant director position highlight the proposal. “We worked hard on this budget this year,” Committee Chair Darwin Clark said. “We cut it about as low as it could go. We’ve also been able ... Read More »

Gainesboro Approves First Reading On Occupancy Tax

An ordinance that would bring a four percent tax to Gainesboro Air BnBs has passed on first reading. Mayor Lloyd Williams said a portion would be used to help fund the Chamber of Commerce’s efforts. “With Gainesboro growing the way it is, we’re getting more and more Air BnBs and bed and breakfasts, so we thought this tax money could ... Read More »

Jackson Approves Two New Litigation Tax Resolutions

Jackson County Commission approved two resolutions Monday that would bring in more money to the county general fund. One being increasing litigation taxes, and the other levying an additional litigation tax. County Mayor Randy Heady said that the idea behind the move stems from finding a revenue stream the county didn’t previously have, that also doesn’t burden the average taxpayer. ... Read More »

Livingston Approves East Main Townhouses After First Rezoning Reading

Townhouses on Livingston’s East Main Street were approved upon first reading at Monday night’s board of aldermen meeting. The two parcels would be rezoned for multi-family housing. The townhouses range from two bedrooms to three bedrooms, with 18 to 20 homes set to be constructed in the location. Alderman Kelly Coleman said he supports the rezoning. “There’s no doubt that ... Read More »

Livingston Preparing Ordinance Allowing Air BnB Lodging

Livingston is laying the groundwork for how the city will regulate and officially allow Air BnB’s. The first reading of the city’s hotel/motel tax ordinance was approved during Monday night’s board meeting. Building and Codes Official Kristian Mansell said short-term lodging is not currently allowed, but six Air BnB’s are believed to be operating. “There’s already some operating within our ... Read More »

Cumberland County Raising Pay In Budget To Stay Competitive

Cumberland County’s budget includes an increase in employee pay across the board to stay competitive in the region. Mayor Allen Foster said a six percent raise is included and certified sheriff’s deputy pay is up to $39,000. Foster said residents deserve a county willing to compete for the best candidates in all positions. “We’re like everywhere else, we’ve lost employees ... Read More »

Putnam Commissioners Approve Budget; Concerns With Tax Increase

Putnam County Commissioners approved its 2021-2022 fiscal year budget Monday night, but not without some concern about the 10 cent increase in property taxes. The proposed increase raises the recommended tax rate from 237.2 to 247.2. Commissioner AJ Donadio said that before commissioners voted no on the tax levy, he asked for alternatives for how to pay for the increasing ... Read More »

Cookeville Tax Preparer Recommends Only Taking Child Tax Credit If Necessary

A Cookeville tax preparer is recommending people not take part in the federal Advanced Child Tax Credit program unless absolutely necessary. Jamie Sims of Nelson/Sims and Associates said while it could be beneficial to some, it could hurt others when it comes to tax time. “If you’re already making over the $45,000, and you are fine paying your bills the ... Read More »

Putnam Commissioners Support Process For Selling Fairgrounds

A Putnam County realtor and commissioner said the option plan to sell the fairgrounds makes sense for the county and the developer. Commissioner Darren Wilson said the option will give the Nashville-based developer time to pursue a big box store retailer. “The option, basically what it does is it gives them the sole opportunity to through their processes,” Wilson said. ... Read More »

Baxter Approves Final Budget with Commercial Growth Increasing Revenues

Baxter has approved its final $1.2 million budget for the next fiscal year. Mayor John Martin said that new commercial growth is expected to boost revenues for the city. Martin said infrastructure and new vehicles were areas Baxter wanted to target. “We’re looking at a Fast Lane project to repave quite a bit of that,” Martin said. “It’s going to ... Read More »