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Archives 02-01-2011

News

Honda meets Hyundai in crash Saturday
County unemployment rate lowers to 9.6% in December
State revenue $33.6M above budget estimate
Unemployment rate unchanged in December

Honda meets Hyundai in crash Saturday

David Burchfield photos

A two-car collision on Windle Community Road Saturday morning, Jan. 29 left debris scattered across the roadway, two cars disabled, and one driver possibly injured.

According to the crash report from Tennessee Highway Patrol Trooper Kendall Grasty, Marie Lisa Fuqua, 21, of Cookeville was driving a silver 2003 Hyundai Tiburon south on Windle Community Road when she saw a tan 1990 Honda Accord driven by Sharee Kimberly Hurd, 35, of
Livingston start to enter the roadway from a driveway.

The report said Fuqua “started to swerve to go around the vehicle,” but “Vehicle 2 [the Accord] pulled across the southbound lane into the northbound lane.

“Vehicle 1 [the Tiburon] crossed over the centerline and struck vehicle 2,” the report said.

Fuqua was transported by ambulance to Livingston Regional Hospital due to injuries she may have sustained in the crash. A passenger in the Tiburon, Chris Boles, 24, of Livingston, was uninjured, as was Hurd, according to the report.

THP, Overton County Sheriffs Department, Overton County Ambulance Service, and Fairgrounds Volunteer Fire Department responded to the scene.




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County unemployment rate lowers to 9.6% in December
County non-seasonally adjusted unemployment rates for December 2010 show that the rate decreased in 52 counties, increased in 35 counties, and remained the same in 8 counties.

Overton County’s unemployment rate was 9.6% for December, down from 9.9% in November. Overton had 940 unemployed of a workforce of 9,820.

Overton County is included in the Cookeville Micropolitan Statistical Area, along with Putnam County and Jackson County. Unemployment in the Cookeville MSA was unchanged at 9%, the same as in November, with
4,550 unemployed of a workforce of 50,350.

Jackson County’s unemployment rate went up from 10.3% in November to 10.7% in December. Jackson had 520 unemployed of a workforce of 4,910.

Putnam County’s unemployment rate went up from 8.6% in November to 8.7% in December. Putnam had 3,090 unemployed of a workforce of 35,620.

Clay County’s unemployment rate went up from 12.1% in November to 12.2% in December. Clay had 400 unemployed of a labor force of 3,250.

Fentress County’s unemployment rate went up from 11% to 11.2% in December. Fentress had 870 unemployed of a workforce of 7,810.

Lincoln County registered the state’s lowest county unemployment rate at 6.2%, down from the November rate of 6.3%.

Scott County had the state’s highest unemployment rate at 20.4%t, up from 19.8% in the previous month, followed by Pickett County at 15.7%, up from the November rate of 15.4%.Pickett had 280 unemployed of a workforce of 1,760.

Unemployment information is available online at http://www.tennessee.gov/labor-wfd/labor_figures/dec2010county.pdf.

Tennessee’s unemployment rate for December was 9.4%, unchanged from the November rate. The national unemployment rate for December 2010 was 9.4%, down four-tenths of a percentage point from the November rate.

 


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State revenue $33.6M above budget estimate
State tax collections exceeded budgeted estimates in December for the fourth consecutive month of this fiscal year. State revenue collections for December were $828.6 million, which is $33.6 million more than the state budgeted.

December sales tax collections reflect retail sales activity that occurred in November, according to Finance and Administration Commissioner Mike Morrow.

“The positive growth occurring in sales tax and corporate tax collections is particularly encouraging, and gives us reason to believe Tennessee’s economy is on track to recover from the worst recession on record,” Morrow said. “It is especially pleasing to this administration knowing we are leaving a budget in balance, and a year-to-date revenue surplus available for the next governor and general assembly.”

On an accrual basis, December is the fifth month in the 2010-2011 fiscal year.

The general fund was overcollected by $34.1 million, and the four other funds were undercollected by $563,000.

Sales tax collections were $6.3 million more than the estimate for December. The December growth rate was 2.53%. For five months, revenues are overcollected by $56.5 million, and the year-to-date growth rate is 3.75%.

Franchise and excise taxes combined were $30.5 million above the budgeted estimate of $121 million. For five months, revenues are overcollected by $37.7 million.

Gasoline and motor fuel collections for December increased by 0.97%, and they were $2 million below the budgeted estimate of $65 million. For five months, revenues are overcollected by $10.9 million.

Tobacco tax collections were $3.2 million above the budgeted estimate of $23.5 million, and for five months they are $1.5 million above the budgeted estimate.

Inheritance and estate taxes were overcollected by $1.6 million for the month. For five months, collections are $11.1 million above the budgeted estimate.

All other taxes were undercollected by a net of $6 million.

Year-to-date collections for five months were $98.9 million more than the budgeted estimate. The general fund was overcollected by $78.4 million, and the four other funds were overcollected by $20.5 million.

The budgeted revenue estimates for 2010-2011 are based on the State Funding Board’s consensus recommendation of April 7, 2010 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 unchanged in December
Tennessee’s unemployment rate for December was 9.4%, unchanged from the November rate. The national unemployment rate for December 2010 was 9.4%, 0.4 percentage point lower than the November rate.

Tennessee Commissioner of Labor & Workforce Development Karla Davis said, “Employment growth continues to keep Tennessee’s unemployment rate down from a year ago. While our rate has remained unchanged since September, we’ve seen growth over the last year across a diverse range of industries.”

According to the Business Survey, professional, scientific, and technical services increased by 1,200 jobs. Trade, transportation, and utilities increased by 1,000 jobs, and general merchandise stores increased by 700 jobs.

Major employment decreases occurred in educational and health services, down by 3,000. Manufacturing declined by 2,500, and mining and
construction declined by 2,500 jobs.

Year-over-year increases occurred in professional and business services, up by 15,200.

Trade, transportation, and utilities gained 6,300; and health care and social assistance was up by 4,600.

Year-over-year decreases occurred in financial activities, down by 2,600; information lost 2,000; and nondurable goods manufacturing decreased by 1,700.

 

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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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