Monday, October 08, 2012

Sullivan County Takes Advantage of Low Interest Rates
Money from property taxes will start coming in by December as they are due by February. Until then Sullivan county plans to take advantage of low interest rates by getting a two million dollar loan. The Bank of Tennessee is providing an interest rate of well below one percent for a loan expected to be paid back by the end of the fiscal year or June 30th. The tax anticipation note will allow the county to operate until residents start paying. Commissioners say the loan will provide cash-flow for the general fund which is now needed after reserves have been depleted from trying to keep up with a slow economy. Over the past four years reserves have dropped from about 12 million dollars to 5 million, which led to the property tax increase of 20 cents in July. Some Sullivan County residents have complained that the government shouldn’t be borrowing money to pay bills, even though this is the first time Sullivan County has done so. Last year they borrowed to cover the schools budget. (bg)

Wednesday, December 17, 2014

  • Greeneville PD Detective Has "No Idea" What Caused Deaths of Two Infants Wednesday Morning
  • Kingsport Man Arrested As Six Month Old Child Suffers From "Shaken Baby Syndrome"
  • Suspect Caught in Russell County Shooting
  • Kidnapper on The Run in Kingsport After Trying to Snatch 13-month-old Son
  • Surveillance Video Revealling in Gate City Liquor Store Robbery
  • Two Arrested in Meth Bust at Bristol, Tennessee's Village Square Apartments
  • Bristol, Virginia City Council Meets Behind Closed Doors Concerning "Business Prospect"
  • Greeneville Police Launch Inquiry Into the Death of Two Infants
  • Governor McAuliffe to Increase Budget
  • Car Stolen Out of Washington State Crashes in Abingdon, Suspects on the Run
  • Scott County Lawmakers Looking at a Site Outside of Gate City for New Animal Shelter
  • Johnson City Man Charged for Burglarizing Apartments in His Complex
  • Bulls Gap Man Charged for 2012 Rogersville Fire
  • Man Charged in the Death of Johnson County Prison Inmate
  • Johnson City Leaders to Consider New Treatment Center Policies
  • Former Lebanon High Secretary Pleads Guilty to Embezzlement
  • Blountville Man Seeks New Trial after Murder Conviction
  • Four Charged in Meth Bust in Elizabethton
  • Police Seek Suspect Who They Say Shot His Brother Twice in Russell County
  • Grand Jury Indicts Hawkins Co. Dentist & Daughter on TennCare Fraud
  • ETSU Economist: Tri-Cities Sales for 3Q Best Showing in Two Years
  • Still No Ambulance Regulations for Hawkins County



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