Crossville Chronicle, Crossville, TN

Area News

June 28, 2012

City accepts certified tax rate

CROSSVILLE — The Crossville City Council has voted to accept the state certified property tax rate of 53 cents and set a special-called session Friday morning to complete work on and approve the third and final reading of the new fiscal year's budget.

The council unanimously approved the state certified tax rate at a special-called meeting held Monday afternoon. There was some talk that the city might approve a property tax rate of 55 cents, the rate for the current year. That change would have raised approximately $80,000 additional revenue and been the equivalent of a $5 on a $100,000 house but support did not materialize.

According to discussion on the property tax situation, residential property owners should see a drop in their overall tax liability because of the drop in the appraised values of that type of property. Commercial property and raw land has increased in appraised value so the tax liability will be based on the value and the tax rate.

Crossville Mayor J.H. Graham said that while they have cut expenses in the budget, the day-to-day operations of the city remain out of balance in revenue versus expenses. The latest version of the budget does show a $1,585,376 surplus. City finance director explained that that surplus comes from the sale of bonds that allows the city to cover the costs of some of the city's capital projects and reduce the amount of debt service paid in the coming year.

The city received news very recently that their liability insurance and workers compensation costs would rise some $150,000 for the coming year and some of the capital improvement projects have been shifted into the new fiscal year.

With the operation of the city having had more expenses than revenue for the past several years, Mayor Graham said he felt the city needed a written plan for the long term budgeting of the city.

"A long term solution is needed," explained Graham. "The decrease in spending this year is a start, but there is more to do. We need to look at services like garbage pickup.

"The city needs to maintain some $7 to $8 million in our fund balance, approximately 6 months of operating expenses," added Graham. Crossville finance director Fred Houston confirmed that that is where the city's fund balance stands at the current time.

Councilman Boyd Wyatt asked the mayor to address the city's financial situation and that they were not going broke. Graham responded saying the city was in "very good shape."

Graham said that the city had done wonderful things in the city's recreation park and owes nothing on them but the mayor said he wants to prioritize "roads, water, sewer, police and fire" or the basic city services to be ready for the future.

Graham addressed the issue of the firework show cut for 2013 saying, "We made some pretty tough cuts." Graham said he had asked people in town about those cuts and he said that most responded saying that while they enjoyed the fireworks show but also understood the reason for the cuts.

Councilman Danny Wyatt agreed saying that people had told him, "If we don't have the money, we don't have the money."

Both men stressed that this year's fireworks show was going forward. The show will be held Wednesday evening July 4 and everyone is encouraged to attend.

In other action at the called meeting, the council approved a draft of a proposal for a second corporate hanger for MasterCorp similar to an existing hanger the firm is currently leasing.

Two ordinances were approved by council related to the Satsuma abutment project.

Council took no action on an item to move forward with the changes in payroll that will move the city from a weekly payroll to a biweekly system. Since the council plans to approve the budget before the end of June it was deemed unnecessary to approve the matter.

1
Text Only
Area News
  • Report of missing child turns out false; one charged

    A man living in Crossville set off a major search by law enforcement officers and about 40 employees of a retail store after he reported a small child missing. He later recanted and has now been charged with a misdemeanor charge.

    July 31, 2014

  • tourism-granville.jpg Tourism talk dominates roundtable meeting

    Tourism is big business in Cumberland County and the state of Tennessee.
    Tennessee state officials visited the Crossville-Cumberland County Chamber of Commerce and provided a wealth of information for a roundtable discussion County Mayor Kenneth Carey Jr. organized.

    July 31, 2014 2 Photos

  • School system closes budget with more in reserves than planned

    The school system is going to end the year with a little more in its reserves than originally thought, Bob Scarbrough, transportation/maintenance supervisor and acting CFO, at the July 24 meeting of the Cumberland County Board of Education.
    "We believe there will be $4.7 million in the fund balance, which is quite a bit better than anticipated," Scarbrough said.

    July 31, 2014

  • Investigation into assault continues

    A Sparta Hwy. man found with lacerations to the back of the head told Cumberland County sheriff's deputies he was assaulted at a residence on Hwy. 70 N, but doesn't know why.

    July 31, 2014

  • Theft, arson of storage shed reported

    Someone broke into a storage shed and stole several items and, to add insult to injury, set the storage building on fire, according to a Cumberland County Sheriff's Department report.

    July 31, 2014

  • Shop tax free this weekend

    With the return to school right around the corner and Cumberland County students set to return to classrooms Aug. 6, Tennesseans are reminded they can buy certain items without paying sales tax Aug. 1 through Aug. 3.

    July 30, 2014

  • state park bath house.jpg Historic CMSP bathhouse gets new use with renovation

    When a new pool was constructed at Cumberland Mountain State Park in the 1980s, the beach area was converted to a quiet place to watch the water and the bath house was boarded up.

    July 29, 2014 1 Photo

  • Cole dismissed from teaching position

    The Cumberland County Board of Education voted 8-1 to dismiss tenured special education teacher Stephanie Cole, who remains at the Cumberland County Jail without bond charged with the July 20 fatal shooting of Louis Tammaro Jr.

    July 29, 2014

  • Crash sends one to jail, cyclist to UT

    A crash involving a motorcycle and a pickup truck resulted in one man being flown to a regional trauma center and the second man being arrested after he fled the scene, Crossville Police reported.

    July 29, 2014

  • County to include more meeting info on web site

    Cumberland County commissioners approved a change in the commission's rules which requires the full package of materials supplied to the commissioners to be posted on the county's web site.

    July 29, 2014

Marketplace Marquee
Parade
Must Read
Section Teases
Seasonal Content
AP Video
Netanyahu Vows to Destroy Hamas Tunnels Obama Slams Republicans Over Lawsuit House Leaders Trade Blame for Inaction Malaysian PM: Stop Fighting in Ukraine Cantor Warns of Instability, Terror in Farewell Ravens' Ray Rice: 'I Made a Huge Mistake' Florida Panther Rebound Upsets Ranchers Small Plane Crash in San Diego Parking Lot Busy Franco's Not Afraid of Overexposure Fighting Blocks Access to Ukraine Crash Site Dangerous Bacteria Kills One in Florida Workers Dig for Survivors After India Landslide Texas Scientists Study Ebola Virus Smartphone Powered Paper Plane Debuts at Airshow Southern Accent Reduction Class Cancelled in TN
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Weather Radar
2014 Readers' Choice
Graduation 2014