Sunday, November 18, 2007

FINANCIAL WOES DOG SPRING HILL TODAY! NEXT WILL BE NOLENSVILLE!











Read in today's Tennessean about the
missing $3,503,000 in Spring Hill's budget?
Auditors from state Comptroller's office
are trying to help Spring Hill Mayor find

the money? State told Spring Hill Mayor
to hire a Director of Finance ASAP. But
city only approved $37,000 for the job
and Tennessee Municipal said it would
take at least $58,000 to $70,000. And they

need to fill the City Administrator's job to
replace Ken York who retired.

NOW LISTEN UP NOLENSVILLE RESIDENTS!

We are told it is now 3 months or more since
the board has received an official treasurer's
report on just where the city is financially?
Supposedly the Mayor's own budget committee
is working on the town's finances "IN-HOUSE".

This is exactly what the Spring Hill board was
told and now they face a huge budget deficit?

To avoid Spring Hill's budget mess-Nolensville
needs to take action now! Hire a finance director

and a city administrator/manager IMMEDIATELY!
Remove the budget and day-to-day decisions
from the politicans and put such important items
into the hands of PROFESSIONALS 24/7.

The current slow down in building new homes
means the town doesn't get the $2.00 per sq. ft.
for new homes. We are told Newmark and many
other builders here have stopped building.
So no more money in the adequate facilities tax

fund. So what's left? You got it! A new city
property tax to help cover the expenses of all

the new developments. Of course, the road
and bridge now being built at Rocky Fork
needs a couple $100 thousand now and then
that wasn't budgeted. And surprise after a

while it adds up to some real money?

The most important item in the Spring Hill
article is---"What assurance (do we have)
that the board won't keep finding out
these kind of things AFTER THE FACT?
"

Remember, you heard it here on this date.
And guess what the blog will remind you

of it when the XXXXX hits the fan blades.

2 Comments:

Anonymous Anonymous said...

Thats what we wanted NO MORE HOUSES.
Ive heard lots of people say they would rather pay more taxes and have the building stop and save what is left of our little town.
Builders are just waiting.
They will start again.

8:30 AM  
Anonymous Anonymous said...

Gosh, I am looking at homes in Brentwood and Nolensville. Hearing about all the financial irresponsibility by your local politicians makes me pause.
Great website by the way.
Deb

11:23 AM  

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