Overton Commission Applies For $750K Housing Grant
The Overton County Commission approved an application Monday night for a $750,000 housing development grant to assist homeowners in the county. Consultant Amanda Mainord said that the county applied for the grant last year but did not receive it. Mainord said the grant would require no matching payment from the county. “It goes to help […]
Celina Aldermen Increase Local Water Tap Fees To Keep Up With Inflation
Celina Aldermen raised the cost for all new water taps installed to account for inflation Tuesday night. The new fees will cost $1,500 for a water tap inside the city and $2,000 for one outside the city, increases of $500. Mayor Luke Collins said the city was losing money every time it installed a tap. […]
Expert: Start Now, Start Small, Create Spending Plan To Help Family In 24
Creating a personal budget is a great way to make sure that you are saving as much as you can going into the new year. Putnam County Extension Agent Michelle Parrott said saving any amount of money is valuable, no matter how little. Parrott said a key part of budgeting is getting a strong understanding […]
Stock Market Rallies After Federal Reserve Hints At Lower Interest Rates
Last week’s stock market rally could continue through early 2024 after the Federal Reserve announced that interest rates may begin to cool. Tennessee Tech Economics and Finance Professor Justin Lee said investors are growing optimistic and more willing to buy. He said that after sky-high interest rates have pressured them to be conservative, reports of […]
Fentress County Food Drive Collects To Help Seniors During Winter Months
The Fentress County Chamber of Commerce is holding a food drive to help ease the burden of winter weather. Fentress County Chamber Executive Director Jacob Rosenbaum said the elderly community is often most susceptible to the challenges of the changing seasons. Rosenbaum said the Chamber and the community are helping the Fentress County Food Bank […]
Cumberland Homesteads Tower Museum To Receive New Roof With Grant
The Cumberland Homesteads Tower Museum will get a new roof, thanks to a $100,000 grant from the Tennessee State Museum. Museum Manager Ren Sexton said the roof has been susceptible to leaks over the past few years, but the museum did not have the funds to replace it. Sexton said that like all old historical […]
TTU’s Dean Tom Payne: Positive News From Recent Fed Decisions
The Federal Reserve decided to pause interest rate hikes Wednesday, the first time it has done so over the last ten times it has met. Tennessee Tech College of Business Dean Tom Payne said that indicates the Fed’s desire to prevent accidentally overtightening. He said as the nation approaches a year under historic inflation conditions, […]
Rising Costs Of Autopsies Effecting Putnam County EMS Budget
Rising costs of autopsies could have an effect on the Putnam County EMS budget. Putnam County Coroner and EMS Director Tommy Copeland said inflation is to blame. He said there has been about a 25 percent increase in the past year. “The folks that do our autopsies in Nashville have increased the cost to $2300 […]
Jackson Beginning County Budget Process
Jackson County starting the process for its new fiscal year budget. County Mayor Randy Heady said one of the main things to affect this year’s budget is inflation and the increase in the cost of living. “Fuel prices across the county whether it be in solid waste, or sheriff’s department, or even in EMS, they […]
Dangers Of Credit Card Use With Inflation
As budgets are getting squeezed at the grocery store and gas pump, individuals may be turning to credit card use for disposable expenses. Lisa Piercefield is a Senior Manager of a national credit counseling company. She said this could be a dangerous tactic considering inflation. “If they don’t currently have the money for the expense, […]
