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)

Friday, September 04, 2015

  • Suspect Brawls with Police at Kingsport Seat Belt Checkpoint
  • Man Accused of Robbing Jonesborough Bank in July Indicted by Grand Jury
  • Parents Protest Extended Study of Islam Outside a Bristol, TN Middle School
  • Johnson City Man Who Admitted to Having Sex With Teen in Library Bathroom Indicted
  • Greene County Woman Has Charge Increased to First-Degree Murder in Oct. 2014 Shooting
  • Johnson City Man Arrested After Crashing into a Motorcycle and Leaving the Scene
  • Bristol, VA Pair Face Felony Charges After Children Were Found Living in Deplorable Conditions
  • Johnson City Crash Leads to Multiple Charges for Kingsport Man
  • Man Indicted for Killing Babies in Greeneville
  • Bullet Holes at Church Hill Apartment Leads to Arrest and SUV Full of Stolen Goods
  • Police: Bristol Man was Filming Teenage Girls' Buttocks at DB Football Game in Kingsport
  • Home Invasion at Kingsport Subdivision Leads to Aggravated Robbery Charges
  • Rogersville Man Gets Three Years in Prison for Selling Painkillers Obtained Through Medicare
  • The Pinnacle Adding Chipolte, Yankee Candle, Other Retail in $30 Million Expansion
  • Half Million Dollar Marijuana Crop Found and Confiscated Near Abingdon
  • Sullivan County Robber Escapes Transport in Illinois, Major Manhunt Underway
  • Parents Prepare for Protest of Extended Study of Islam at Vance Middle School
  • Issue of Competency Delays Hearing for Abingdon Murder Suspect
  • Hearing on Grave Plot Disputes for Troubled Hawkins County Cemetery Scheduled Today



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