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Tennessee economists present rosy revenue picture | Tennessee

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www.thecentersquare.com – By Kim Jarrett | The Center Square – 2024-11-08 09:00:00

SUMMARY: Tennessee economists presented varied revenue projections but concurred on the adverse effects of reduced franchise taxes. The Department of Revenue estimated a 1.6% revenue increase for fiscal year 2025 and a 3.1% increase for 2026. However, the franchise tax changes resulted in revenue losses between 11.54% and 17%. Dr. Don Bruce forecasted a nominal decline of 1.3% this year, with 2.5% growth in 2026. The recent food tax holiday is expected to boost revenues by $180 million this year. Dr. Joseph Newhard anticipates growth in small and medium businesses, projecting a 0.61% increase for 2024-25 and 4.54% for 2025-26.

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News from the South - Tennessee News Feed

Beautiful costumes are part of the magic of Disney on Ice

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www.youtube.com – WBIR Channel 10 – 2024-11-07 15:55:31

SUMMARY: Disney on Ice is captivating Knoxville this weekend at the Civic Coliseum, featuring dazzling costumes and talented skaters. Live anchor Katie Inman interviews Mark, a Canadian skater who has been with Disney on Ice for 11 years. Mark, part of the Ensemble, showcases beautiful costumes, like one resembling a cherry pie from “Beauty and the Beast.” He emphasizes the handmade details that enhance the show’s magic. Katie encourages viewers to experience the performance and hurry to purchase tickets, as they are selling fast. The enchanting event promises an unforgettable experience for families in Knoxville.

Disney on Ice enchants with vibrant, detailed costumes that bring beloved characters to life, creating a magical experience for all ages.

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Police chief accused of being paid for conference he did not attend | Tennessee

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www.thecentersquare.com – By Kim Jarrett | The Center Square – 2024-11-07 15:15:00

SUMMARY: Monterey Police Chief Bill Randolph faces multiple charges for allegedly skipping a training conference to shop and dine with his wife. According to a report by Tennessee Comptroller Jason Mumpower, Randolph improperly had a subordinate scan attendance QR codes to falsely appear as if he attended the November 2022 event. He received $1,200 for accommodations, $275 in per diem, and reimbursement for fuel and registration fees. A grand jury indicted him on charges including theft and official misconduct. Randolph maintains he did nothing wrong but is willing to reimburse expenses. He has been suspended pending investigation.

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News from the South - Tennessee News Feed

Democratic Party fails to take seats from Republican supermajority

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www.youtube.com – WKRN News 2 – 2024-11-06 17:00:57

SUMMARY: Tennessee’s Democratic Party faced significant losses in the recent elections, failing to gain seats from the Republican supermajority in the legislature. Former President Donald Trump was declared the president-elect, receiving 1.9 million votes in Tennessee, while Democratic candidate Gloria Johnson garnered only 1 million. Republican Sen. Marsha Blackburn also won decisively against Johnson. Tennessee Democratic State Party Chair Hendr Remis acknowledged the party’s struggle in the Republican stronghold but emphasized the need for a strategic reassessment of candidate selection and messaging to better connect with voters. The state’s Republican dominance has persisted since George W. Bush’s election in 2000.

Tennessee’s Democratic Party tried and failed to take a few seats from the Republican supermajority legislature in Tuesday night’s election.

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