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Archives 09-28-2010


News

LA Homecoming 2010
Ag-Industry Day set for Wednesday, Oct. 6
August revenue $5.4M less than state budgeted
Unemployment rate lowers in Tennessee

LA Homecoming 2010


Darren Oliver photo
Hundreds join the Livingston Academy Cheerleaders in cheering on the Wildcats during a bonfire held for the LA faithful after the 2010 LA Homecoming Parade on Thursday, Sept. 23.

Chuck Dailey Photography
Livingston Academy “Spirit of the Wildcats” Marching Band leads the 2010 Homecoming Parade along North Church Street on Thursday, Sept. 23.


Josh Scott photo
Logan Hull prepares to crown 2010 LA Homecoming Queen Alaura Miranda.


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Ag-Industry Day set for Wednesday, Oct. 6
By Ron Johnson
Overton County
Extension Agent

Agriculture-Industry Day Set For Wednesday, Oct. 6

The Annual Agriculture-Industry Appreciation Day has been set for Wednesday, Oct. 6. The annual salute will start at 8 a.m. with a country ham breakfast at the Livingston Rotary AG. Complex at the local fairgrounds.

The main program for 2010 will include the salute to agriculture and industry in Overton County. Tennessee Valley Authority’s Rachel Crickmar, who serves as Senior Manager for Rural Initiatives, will be our after-breakfast speaker.

After the morning program, a tour of TTU’s Oakley Farm out Highway 84 will take place, followed by lunch and contests at the Livingston Rotary Agricultural Complex located at the Overton County Fairgrounds.

Agriculture –Industry Day is some forty years old and was once referred to as Farm — City Week. The salute is a program of the local Resource Development Committee in cooperation with the local area Chamber of Commerce. It has been held annually on the first Wednesday of October since its inception.

Speakers are alternated each year to address topics in Agriculture and then Industry and the same can be said for the tours. Between 150 and 200 normally attend the breakfast program and enjoy a wonderful country ham meal provided by the local First National Bank of Tennessee.

Awards are a big part of the morning program and include a Vision Award to a individual or business for outstanding visionary accomplishment in this county. Then the RD Award is presented to an individual or business for outstanding service to the well-being of the city and county.

This year a new presentation will be made by Ronald Dishman in recognizing all the Century Farm Recipients. The morning program is starts on time at 8 a.m. and anyone may attend part or all of the days activities including the tour, games, ride buses, and eat a lunch at noon.

Buses will leave after the morning program and proceed to the TTU/Oakley Farm out toward Monterey. Millard Oakley will welcome the tour group and give a overview of the history of the family farm.

Pat Bagley, PhD., Dean of Agriculture and Human Science will be the tour guide and will be with us for the days activities. Bagley will summarize the methods that TTU is using on the farm and move from one part of the farm to other sections demonstrating the wise use of our land. Since Overton county is a large Agriculture industry, many on the tour will learn new and innovative techniques on improving farming practices.

Agriculture-Industry Day is held each year to recognize and salute the men and women who work in these two great fields. U.T. Agriculture Extension Service’s Resource Development Committee appreciates all those that cooperate, especially the local Chamber of Commerce.

It takes a lot of support and sponsors for the annual salute. Everyone is invited to join in this annual salute to Agriculture and Industry.

Registration begins about 7:30 a.m. in the AG. building at the local fairgrounds. Door prizes will be given away at the breakfast program and also a chair at the lunch program at the Livingston Rotary Agricultural Complex at the fairgrounds, and other door prizes throughout the day. A lot of fun and games, including corn hole toss contest will be held during lunch. A unique AG./IND Day Quiz will be given and the winner receives an Overton County Afghan.

For more information, contact any member of the Resource Development Committee or call the Overton County Chamber of Commerce at (931) 823-6421 or the UT Extension Office at (931) 823-2735.




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August revenue $5.4M less than state budgeted
State tax collections continue to show modest improvement, according to Finance and Administration Commissioner Dave Goetz. Overall August revenues were $749.3 million, which is 3.08% above August 2009 collections.

“Sales tax collections have shown positive growth for the past five consecutive months, and we believe it points to a slowly recovering economy in Tennessee,” Goetz said. “Still, we need to continue to closely monitor our spending patterns in the months ahead to keep the budget in a balanced posture for the next governor.”

On an accrual basis, August is the first month in the 2010-2011 fiscal year.
August collections were $5.4 million less than the budgeted estimate. The general fund was undercollected by $10.7 million and the 4 other funds were over collected by $5.3 million.

Sales tax collections were $10.1 million more than the estimate for August.

The August growth rate was positive 3.26%.

Franchise and excise taxes combined were $12 million below the budgeted estimate of $23.5 million.

Gasoline and motor fuel collections increased by 0.34% and were $4.7 million above the budgeted estimate of $69 million.

Tobacco tax collections for the month were overcollected by $1.7 million
Privilege tax collections were $3.6 million less than the budgeted estimate of $17.3 million.

Inheritance tax collections were $500,000 above the budgeted estimate.

All other taxes were undercollected by a net of $6.8 million.

The budgeted revenue estimates for 2010-2011 are based on the State Funding Board’s consensus recommendation of April 7 and adopted by the second session of the 106th General Assembly in June. They are available on the state’s website at http://www.tn.gov/finance/bud/budget.html.



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Unemployment rate lowers in Tennessee
Tennessee’s unemployment rate for August was 9.6%, down one-tenth of a percentage point from the revised July rate of 9.7%. The August 2009 rate was10.9%.

The national unemployment rate for August 2010 was 9.6%, up from the July rate of 9.5%.

Tennessee Commissioner of Labor & Workforce Development James Neeley said, “Though unemployment rates remain unusually high, August is the first time since April 2007 that Tennessee has equaled the national rate. Employment levels both from July to August and year over year in Tennessee are positive and outperforming the rest of the nation.”

According to the Business Survey, local government educational services increased by 14,100. Professional and business services increased by 3,600, and healthcare and social assistance increased by 2,000.

Major employment decreases occurred in federal government, down by 2,400, transportation and warehousing declined by 700, and arts, entertainment and recreation declined by 700 jobs.

Year-over-year increases occurred in professional and business services, up by 11,800. Health care and social assistance gained 6,200, and retail trade was up by 4,500.

Year-over-year decreases occurred in transportation and warehousing, down by 6,400. Mining/construction lost 5,200, and accommodation and food services decreased by 4,600.



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Overton County News
415 West Main Street
P.O. Box 479
Livingston' Tennessee 38570
tel 931.823.6485
fax 931.823.6486
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