Putnam School Board Members Believe In Revenue Change
Putnam County School Board members favor the proposal to revert school system funding to 50 percent of the sales tax revenue from the current flat rate method. Kim Cravens said the change has been in discussion for years. Cravens said when the county changed to the flat after the 2008 recession, it was a blessing. […]
Putnam Budget Committee Deliberating COLA Method
The Putnam County Budget Committee deciding on how to give a cost of living adjustment to employees in the new fiscal year during Monday’s meeting. Budget Committee Chair Ben Rodgers said Putnam County currently offers employees a step raise, which is meant to keep up with cost of living. Rodgers said in years past, the […]
CRMC Budget Passes; Concerns About ER & Medicaid Cuts
Cookeville Regional’s new fiscal year budget approved by Cookeville City Council on first reading, but not before some concern about ER wait times. A resident asked CEO Buffy Key what was being done in this budget to reduce those times. Key said the problem is universal in health care today. “We have been working on […]
Putnam Budget Committee Weighs School Funding Change
The Putnam County Commissioners Budget Committee will recommend a change to its funding mechanism for the school system, reverting back to a percentage of the sales tax instead of the current flat rate. The committee made the decision Thursday night after a presentation from Putnam County Director of Schools Corby King. King said the change […]
Tax Increase, Reappraisal Has White County Residents Upset
White County residents upset with the County Commission’s proposed budget which raises the property tax rate to $1.57. The proposed budget includes an increase of some $3.6 million in expenditures, with some $2.2 million going to a 15 percent pay raise for county employees. Resident Denise Daniels said high property values and the lack of […]
Livingston’s First Budget Includes 5-Cent Tax Increase
A five cent property tax increase part of Livingston’s first reading of the new fiscal year budget. Finance Officer Joel Parks presented the budget. Parks said the general fund for the new budget is expected to increase to some $3.8 million, with expenses over by some $373,000. “When it’s all said and done, there might […]
White Co. Increasing Property Tax Rate In Proposed Budget
The White County Budget Committee proposed increasing the property tax rate to $1.57 per $100 during a Monday night meeting. Commissioner Kyle Goff said the tax rate was originally going to be $1.70, but commissioners agreed that was too high. Goff said the committee made multiple budget cuts to get to the current number. Goff […]
Sparta Budget Features Property Tax Rate Decrease
The City of Sparta plans to decrease property taxes in the upcoming fiscal year. Sparta Aldermen passed a general fund ordinance to cut property tax rates to 59 cents per $100 of assessed value on Thursday. Mayor Jerry Lowery said this is a reappraisal year, and the state recommended a lower rate based on the […]
Cookeville Proposes 7 Cent Property Tax Increase
The City of Cookeville is proposing a 7-cent increase in property tax for the upcoming fiscal year. The tax increase proposed during Wednesday afternoon’s budget workshop. City Manager James Mills said the increased rate will provide an additional $850,000 in revenue. Mills said the property tax hikes will help keep city employees at competitive salaries, […]
Commissioners, School Board Hold Joint Budget Workshop
The Putnam County School Board introduced the first draft of next school year’s budget to the County Commissioners in a joint workshop Monday evening. Director Of Schools Corby King presented the budget which features a $5.2 million gap. County Commission Chair Chris Cassetty said inflation makes the budget discussions even more challenging. “The cost of […]
