2012-13 City Budget proposal set: Council deliberations continue
After two review sessions last week, Murfreesboro City Council is ready to move to the public hearing phase of considering its 2012-2013 budget proposal.
For the 14th year in a row, the proposed budget does not call for a property tax rate hike and leaves the current $1.2703 per $100 of assessed value in place. One penny of the current tax rate will generate approximately $281,300 if approved by council. Murfreesboro’s fiscal year follows that of the State of Tennessee or from July 1 to June 30 of the following year.
Murfreesboro’s 2012-2013 proposed budget totals $112.29 million in revenues, a 2.51 percent increase from last year, according to the document.
The City’s share of local option sales taxes has already exceeded those that came in Fiscal Year 2008, prior to the recent economic downturn and the upward trend is expected to continue into 2013.
“The economy is showing signs of rebounding as evidenced in a projected growth of 9.4 percent in local sales tax for fiscal year 2013,” Lyons said. “As such, we have budgeted an approximate $2.83 million increase for the fiscal year 2013 budget.” ... more
Storytellers continues with Our Arts and Architecture
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City TV continues its Bicentennial Series Monday night at 7:30 p.m. with its May edition of Murfreesboro Storytellers, Our Arts and Architecture. Guests include Lewis Snyder, Owner of art Studio “S” and former MTSU Faculty Member; Janelee Wise, former Main Street Murfreesboro Executive Director and James Manning, Oaklands Historic House Museum Executive Director. Award winning CityTV Video Journalist Michael Nevills is producing the series. and John Hood serves as Moderator. Storytellers can be seen on CityTV (Comcast Cable Channel 3 and AT&T Channel 99) Sundays at 9:30 a.m. and 7:30 p.m., Mondays at 7:30 p.m., Tuesdays and Thursdays at 9:30 a.m. and Saturdays at 9:30 a.m. and 8 p.m. It is also available on the web.
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