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finance committee

SH raises property taxes

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SPRING HILL — Residents decried incompetence in city officials before the Board of Mayor and Aldermen resurrected a property tax Monday.

The board eliminated the tax in 2005 and has been operating on sales tax and impact fees since then. But to fund its $22-million budget, the city’s Finance Committee said the most prudent solution was to revive the tax.

Well, At Least They Called The Right House

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Rex Noseworthy reports on a local television station’s absence from an important Metro council meeting:

Channel 4 called the Barry house during the gathering and said, “We weren’t at the Council meeting, can someone there tell us if anything important happened?”

Erik Cole on MTA Bus Cuts

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Erik Cole, Chair of the Budget and Finance Committee in the Metro Council, said that the MTA Board has agreed to revisit later in the year, their decision to only keep two of the seven routes that were originally scheduled to be cut before the Council approved an extra $1MM in funding.

Metro Council Approves Substitute Budget and Gives Bill Purcell a Few More Licks for Good Measure

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CM Erik Cole said that public transportation was the highest priority in the substitute budget, and the Budget and Finance Committee put money for the bus routes that the Mayor eliminated back into the budget. Substitute budget provides an additional $1,000,000 for MTA. Money was also provided for magnet school students riding MTA.

Council looking to restore $1 million to MTA

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By MICHAEL CASS • Staff Writer (Tennessean)• June 16, 2008

The Metro Council is poised to restore $1 million to the Metro Transit Authority's budget for the upcoming fiscal year, a move that would save some public bus routes from the chopping block.

MNPS Budget Revision Update

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The new budget reflects 6.5 million less from the State than the earlier budget. It also does not include a State 10% Teacher raise but they will get their estimated 2 million Step Increase. The new budget includes 1.4 million for inflationary increases in bus fuel.

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