No WhiteWash!

How does your city stack up?  Kiplinger’s Personal Finance has a list of US 352 cities that can be sorted by different criteria. 

Below are the Tennessee cities that have been extracted from the list.  Kingsport MSA area has the highest cost of living and the lowest median household income for the cities listed below.  Also, Kingsport has a low median household income rank of 336 for the 352 cities studied.  Using the cost of living index data below, it is 12 percent more expensive to live in the Kingsport area than Johnson City.

The Cost of Living Index is based on 100 being the national average. Income Growth is the increase in household income from 2005 to 2009. 

The entire list of cities can be found here

See the 2010 post The Kiplinger Study Kingsport Area Elected Officials Would Like to Keep Quiet

Kiplinger’s Personal Finance recently published a list of Best Cities for the Next Decade.

Learn more about how they picked the Best Cities for the Next Decade.

Also they published a list  367 U.S. metropolitan areas that can be sorted and ranked by different criteria.

In the example below, all metro areas in Tennessee have been extracted.  The table below was sorted by median household income.  We see that the Kingsport-Bristol-Bristol, TN-VA has the lowest median household income for the Tennessee metro areas ranked and also has a higher cost of living than the other Tennessee metro areas listed below.

Furthermore, Kingsport-Bristol-Bristol, TN-VA median household income rank is 353 out of a total of 367 U.S. metro areas.  This shows that there were 14 metro areas that had a lower median household income than the Kingsport-Bristol-Bristol, TN-VA metro area.

Click here for the entire list of 367 metro areas from Kiplinger.  The list can be sorted online or downloaded in spreadsheet format.  Click here to see the Kiplinger data sorted by “Median Household Income for all Metro Areas”

I am sure that our local City, County, and State elected officials will want to keep this data from getting out.

Don’t miss this GREAT opportunity for job seekers!

NASHVILLE - Construction season has started, and the Bledsoe County Correctional Complex is looking for workers they need at the upcoming Construction Industry Job Fair. This great opportunity will be held on Thursday, April 8, 2010, from 9:00 a.m. through 3:00 p.m. at the Administration Building at 500 College Street in Spencer, Tennessee. The event is sponsored by the Van Buren County Mayor’s Office and the Tennessee Career Center at Crossville.

Applicants must have verifiable and recent experience in industrial and commercial building projects. Jobs available include the following:

-Concrete Worker (Footings / Forms / Finisher)         -Mechanical / HVAC Installer
-Sheet Metal Worker (Fabricator / Welder)                -Journeyman Plumbers / Helpers

-Commercial Plumber / Pipe Welder                         -Construction Carpenter / Helpers
-Journeyman Electrician / Helper                              -Heavy Construction Laborers

“We’re pleased to assist in finding applicants for the Bledsoe Correctional Complex,” said Commissioner James Neeley. “These are jobs that would appeal to all kinds of individuals in the construction industry.”

Bledsoe County Mayor Gregg Ridley said, “the prison expansion is such an opportunity for job seekers to work here at home when so many people have lost their employment.”

County Mayor Kelly Dishman added, “it’s good for the county and great for those construction workers who have been looking for work in our area. We encourage everyone with experience in this field to come and apply for these jobs.”

All applicants must bring two forms of identification with one being a picture ID. It is necessary to bring a list of references and a resume. Applications and other job related paperwork will be filled out during the job fair.

For more information on the jobs fair please contact James C. Perry, Manager, Tennessee Career Center at Crossville (931) 484-8614, [email protected].

NASHVILLE – State revenue collections once again fell short of budgeted estimates last month. Overall February revenues were $638.9 million, which is $47.1 million less than the state budgeted.

“This entire fiscal year has brought us negative growth in the sales tax, which is almost two-thirds of our revenue,” Finance and Administration Commissioner Dave Goetz said. “Moreover, the running total is now 21 consecutive months of negative growth in sales tax collections since January 2008, when the downward economic spiral began for us in Tennessee.”

“In spite of the budgetary challenges, we have laid out a plan for balancing the budget and we’re working with the Legislature to end this year and the next with a balanced budget, as our constitution requires.”

On an accrual basis, February is the seventh month in the 2009-2010 fiscal year.

The general fund was under collected by $43.8 million and the four other funds were under collected by $3.3 million.

Sales tax collections were $38.4 million less than the estimate for February. The February growth rate was negative 6.67%. The year-to-date growth rate for seven months is negative 5.84%.

Franchise and excise taxes combined were $1.4 million above the budgeted estimate of $33.0 million. For seven months revenues are over collected by $7.4 million. The year-to-date growth rate for seven months is 8.32%.

Gasoline and motor fuel collections for February decreased by 3.86%, but were $180,000 above the budgeted estimate of $68.3 million. For seven months revenues are under collected by $13.9 million.

Tobacco tax collections were $4.0 million under the budgeted estimate of $23.1 million. For seven months revenues are over collected in the amount of $303,000.

Year-to-date collections for seven months were $232.4 million less than the budgeted estimate. The general fund was under collected by $196.3 million and the four other funds were under collected by $36.1 million.

The budgeted revenue estimates for 2009-2010 are based on the State Funding Board’s consensus recommendation adopted by the first session of the 106th General Assembly in May of 2009, and are available on the state’s Web site at http://www.tn.gov/finance/bud/budget.html.

The State Funding Board met again on December 18, 2009 and adopted revised revenue ranges for 2009-2010. The revised ranges reflect growth rates ranging from negative 1.50% to negative 0.25% in total taxes, and negative 2.35% to negative 0.85% in general fund taxes.

Based on the funding board’s consensus recommendation, the official budgeted estimates for 2009-2010 were revised in late December. The revised estimates are reflected on pages A-70 and A-72 in the 2010-2011 Budget Document. The revised estimates assume an under collection in total taxes in the amount of $161.3 million, and an under collection of $153.2 million in the general fund.

via February Revenues | TN.gov Newsroom.

A new survey from Gallup and Franklin-based Healthways Inc shows that the Kingsport area is ranked as the bottom ten cities for overall well being.  It appears that the physical, emotional, social and professional aspects of folks in the Kingsport area has helped drag the State of Tennessee to its low scores.

I wonder how our elected leaders will “spin” this study to make themselves look good.  Maybe, they might try even more to spend more money to help their cause.  So far the out of control spending for pet projects by our local elected officials has not seemed to work.

The Kingsport area has managed to get lots of national media attention with this study.

Nashville-area residents have the highest well-being among Tennesseans, although the state as a whole continues to rank near the bottom nationally when it comes to overall quality of life.

That’s the conclusion of two reports published today by Gallp and Franklin-based Healthways Inc. The reports are based on more than 350,000 surveys completed in 2009 that measure how respondents are faring in all aspects of their daily lives: physically, emotionally, socially and professionally.

Nashville ranks 63rd among 185 cities nationwide in the city-level report, up 22 spots from 2008. In report-card terms, that’s the equivalent of a B. Memphis and Knoxville scored Ds, while Chattanooga and Kingsport both graded an F.

In fact, Kingsport ranks among the bottom 10 cities nationwide in overall well-being, scoring dead last in the categories of life evaluation and physical health. Fort Smith, Ark., came in last overall, while Boulder, Colo. topped the list.

In the state-level report, Tennessee ranks 42nd, the same as in 2008. The bright spot was work environment, where the state ranks 12th. Hawaii had the highest well-being among states, while West Virginia had the lowest.

Gallup and Healthways published state and congressional district rankings for 2008. But this is the first time since polling began in January 2008 that city rankings have been announced.

“It’s our hope that these rankings are not treated as competition, but as a wake-up call,” said Anne Wilkins, Healthways’ chief strategy officer. “Even the highest-ranked cities and states have room for improvement, and hopefully communities can look at these rankings and figure out how to improve the lives of their citizens.”

Gallup and Healthways entered into a 25-year partnership in 2008 with the goal of creating an official statistic for the daily state of health and well-being in the United States.

Aggregating 1,000 calls a day, 350 days a year, the Gallup-Healthways Well-Being Index is the largest behavioral economic database ever created and is expected to generate more than 9 million individual responses over the next quarter-century.

Healthways provides specialized, comprehensive medical solutions for insurers and employers to help patients manage and improve their health and reduce health care costs.

The company ranks No. 16 on Nashville Business Journal’s list of largest public companies in Middle Tennessee with revenue of $789.5 million in 2008.

Best and worst

Top 10 Cities Overall 1. Boulder, Colo. 2. Holland, Mich. 3. Honolulu, Hawaii 4. Provo, Utah 5. Santa Rosa, Calif. 6. Santa Barbara, Calif. 7. San Jose, Calif. 8. Washington, D.C. 9. Ogden, Utah 10. Oxnard, Calif.

Bottom 10 Cities Overall 1. Fort Smith, Ark. 2. Huntington, W. Va. 3. Lake Havasu City, Ariz. 4. Johnstown, Penn. 5. Modesto, Calif. 6. Charleston, W.Va. 7. Flint, Mich. 8. Youngstown, Ohio 9. Kingsport, Tenn. 10. Shreveport, La.

Top 10 States Overall 1. Hawaii 2. Utah 3. Montana 4. Minnesota 5. Iowa 6. Vermont 7. Colorado 8. Alaska 9. North Dakota 10. Kansas

Bottom 10 States Overall 1. West Virginia 2. Kentucky 3. Arkansas 4. Ohio 5. Nevada 6. Alabama 7. Indiana 8. Mississippi 9. Tennessee 10. Louisiana

Source: Gallup-Healthways Well-Being Index City and State Reports

via Healthways, Gallup: Tennesseans’ well-being lags, boosted by Nashville – Nashville Business Journal:.

Note the rankings below for Kingsport.  The number of cities studied in 185.  Kingsport came in dead last in “Life Evaluation” and “Physical Health”.  Kingsport’s overall score is 179 out of 185.  Click on the link below for more information on the Tennessee study.

2009 City, State & Congressional District Well-Being Report for Tennessee

NASHVILLE – Tennessee sales tax collections continue to be a concern for the state’s general fund. Negative growth in sales tax collections continued in January, with overall January revenues coming in at $947.4 million, which is $16.1 million less than the state budgeted.

“January is the 20th consecutive month in which sales taxes have recorded negative growth.” Finance and Administration Commissioner Dave Goetz said. “January collections represent December holiday sales, which brought reports of positive growth at the national level, so it’s very disappointing that we didn’t have a similar experience in Tennessee.

“Despite the severe national recession, the state will continue to monitor spending in order to end the fiscal year with a balanced budget as required by the state’s constitution,” Goetz said.

On an accrual basis, January is the sixth month in the 2009-2010 fiscal year.

The general fund was under collected by $5.2 million and the four other funds were under collected by $10.9 million.

Sales tax collections were $20.4 million less than the estimate for January.  The January growth rate was negative 1.86%. For six months revenues are under collected by $159.0 million. The year-to-date growth rate for six months was negative 5.72 %.

Franchise and excise taxes combined were $11.3 million above the budgeted estimate of $128.5 million. For six months revenues are over collected by $5.9 million.

Gasoline and motor fuel collections for January increased by 5.77 % but were $4.2 million below the budgeted estimate of $71.2 million.  For six months revenues are under collected by $14.1 million.

Tobacco tax collections were $451,000 above the budgeted estimate of $21.9 million, and for six months they are $4.3 million over the budgeted estimate.

Inheritance and estate taxes were over collected by $1.8 million for the month.

All other taxes were under collected by a net of $5.1 million.

Year-to-date collections for six months were $185.1 million less than the budgeted estimate. The general fund was under collected by $152.3 million and the four other funds were under collected by $32.8 million.

The budgeted revenue estimates for 2009-2010 are based on the State Funding Board’s consensus recommendation adopted by the first session of the 106th General Assembly in May of 2009, and are available on the state’s Web site at http//www.tn.gov/finance/bud/budget.html.

The State Funding Board met again on December 18, 2009 and adopted revised revenue ranges for 2009-2010. The revised ranges reflect growth rates ranging from -1.50 % to -0.25 % in total taxes, and -2.35 % to – 0.85% in general fund taxes.

Based on the funding board’s consensus recommendation, the official budgeted estimates for 2009-2010 were revised in late December. The revised estimates are reflected on pages A-70 and A-72 in the 2010-2011 Budget Document. The revised estimates assume an under collection in total taxes in the amount of $161.3 million, and an under collection of $153.2 million in the general fund.

View Revenue Collections

NASHVILLE – The state’s fiscal year continues its trend of negative tax revenue growth, with tax collections falling below budgeted estimates again in December. Finance and Administration Commissioner Dave Goetz today announced that state revenue collections for December – reflecting November retail sales activity – were $766.7 million, which is $54.2 million less than the state budgeted.

“December tax collections represent the 19th consecutive month of negative sales tax growth,” Goetz said. “At the end of the fiscal year, on June 30, we’ll have to adjust for any under collection in the current fiscal year, and make sure our budget for fiscal year 2010-2011 reflects the revenue base available moving forward.”

On an accrual basis, December is the fifth month in the 2009-2010 fiscal year.

The general fund was under collected by $50.8 million and the four other funds were under collected by $3.4 million.

Sales tax collections were $16.6 million less than the estimate for December.  The December growth rate was negative 2.88%. For five months revenues are under collected by $138.6 million, and the growth rate is negative 6.65%.

Franchise and excise taxes combined were $29.5 million below the budgeted estimate of $143.8 million. For five months revenues are under collected by $5.4 million.

Gasoline and motor fuel collections for December decreased by 2.70% and they were $4.3 million below the budgeted estimate of $66.7 million.  For five months revenues are under collected by $9.9 million.

Tobacco tax collections were $5.6 million below the budgeted estimate of $25.7 million, and for five months they are $3.8 million above the budgeted estimate.

Inheritance and estate taxes were over collected by $2.6 million for the month.

All other taxes were under collected by a net of $800,000.

Year-to-date collections for five months were $169 million less than the budgeted estimate. The general fund was under collected by $147.1 million and the four other funds were under collected by $21.9 million.

The budgeted revenue estimates for 2009-2010 are based on the State Funding Board’s consensus recommendation adopted by the second session of the 106th General Assembly in May of 2009. and are available on the state’s Web site at http//www.tn.gov/finance/bud/budget.html.

NASHVILLE – State tax collections fell below budgeted estimates in November, for the fourth consecutive month of the fiscal year that began on July 1, 2009. Finance & Administration Commissioner Dave Goetz today announced that state revenue collections for November were $708.2 million, which is 0.52% below November 2008 collections. November collections reflect consumer spending in October.

“November is the 18th consecutive month in which sales tax collections have experienced negative growth,” Goetz said. “If there’s a bright spot, it’s worth noting that the growth rate for sales tax collections in November, while still negative, fared slightly better than the month before, when it was negative 7.8 percent.”

“It’s important to remember we won’t see how after-Thanksgiving retail sales performed until this time next month, when we’ve collected revenues for November spending.”

On an accrual basis, November is the fourth month in the 2009-2010 fiscal year.

November collections were $13.5 million less than the budgeted estimate. The general fund was under collected by $8.1 million and the four other funds were under collected by $5.4 million.

Sales tax collections were $21.2 million less than the estimate for November. The November growth rate was negative 4.45%. Year-to-date the growth rate is negative 7.52%.

Franchise and excise combined collections for November were $42.3 million, which is $11.6 million above the budgeted estimate of $30.7 million.

Gasoline and motor fuel collections were $5.3 million less than the budgeted estimate of $72.5 million.

Tobacco tax collections for the month were over collected by $4.3, with November collections at $27.8 million.

Inheritance and Estate taxes were under collected by $3.7 million for the month.

All other taxes were over collected by a net of $600,000.

Year-to date collections for four months were $114.8 million less than the budgeted estimate. The general fund was under collected by $96.3 million and the four other funds were under collected by $18.5 million.

The budgeted revenue estimates for 2009-2010 are based on the State Funding Board’s consensus recommendation adopted by the first session of the 106th General Assembly in May of 2009, and are available on the state’s Web site at http//www.tn.gov/finance/bud/budget.html.

via November Revenues | TN.gov Newsroom.

NASHVILLE – For the third consecutive month in the fiscal year that began July 1, state tax collections fell below budgeted estimates.  Finance & Administration Commissioner Dave Goetz today announced that state revenue collections for October were $698.2 million, which is 1.53% below October 2008 collections.  October collections reflect consumer spending in September.

“October is the 17th consecutive month in which sales tax collections have experienced negative growth,” Goetz said. “We are extremely concerned with the year-to-date negative growth in our tax collections, but we are committed to keeping the state’s budget in balance in a responsible manner during this extraordinary national economic downturn.”

“When the nation’s economy shows a strong improvement, Tennessee will likely follow, but there’s usually a good distance of time between national and state economic trends.”

On an accrual basis, October is the third month in the 2009-2010 fiscal year.

October collections were $31.7 million less than the budgeted estimate.  The general fund was under collected by $24.2 million and the four other funds were under collected by $7.5 million.

Sales tax collections were $38.6 million less than the estimate for October.  The October growth rate was negative 7.80 %. Year-to-date the growth rate is negative 8.47%.

Franchise and excise combined collections for October were $11.9 million, and they were $9.6 million above the budgeted estimate of $2.3 million.

Gasoline and motor fuel collections were $2.1 million more than the budgeted estimate of $71.8 million.  However, the sales tax allocation to the Transportation Equity Fund was a negative $7.8 million.  The net result was a shortfall in the highway fund estimate.

Tobacco tax collections for the month were over collected by $600,000, and October collections were $25.1 million.

Inheritance and Estate taxes were under collected by $4.6 million for the month.

All other taxes were under collected by a net of $800,000.

Year-to date collections for three months were $101.3 million less than the budgeted estimate. The general fund was under collected by $88.2 million and the four other funds were under collected by $13.1 million.

The budgeted revenue estimates for 2009-2010 are based on the State Funding Board’s consensus recommendation adopted by the first session of the 106th General Assembly in May of 2009, and are available on the state’s Web site at http//www.tn.gov/finance/bud/budget.html.

View Revenue Collections

Dandridge, TN will get 150 new jobs thanks to the efforts of city, county and state officials.  While these jobs are closer to Sullivan County, we have yet to hear anything about new jobs for Sullivan County.  Another missed opportunity for Sullivan County!

New Manufacturing Facility Creates 150 Jobs

NASHVILLE — Tennessee Economic and Community Development Commissioner Matt Kisber along with BJS North America East, Inc., a Swedish furniture manufacturer specializing primarily in bedroom accessories, announced today the grand opening of a new manufacturing facility in Dandridge, Tenn. This move brings a $6-8 million investment to Dandridge, creating approximately 150 jobs.

“Governor Bredesen and I welcome BJS North America East to the Volunteer State,” Commissioner Kisber said. “We’ve worked hard to create a business friendly climate in Tennessee, and we are grateful for BJS North America East’s investment in our citizens and state.”

The company will celebrate the opening of the new facility with a ceremony and ribbon cutting on Friday, Oct. 16 at 11 a.m. at 1000 Industrial Park Road in Dandridge. In addition to the ribbon cutting, BJS will also be celebrating the production of the one millionth piece of furniture for Swedish furniture company IKEA. Local Jefferson County community leaders and several Swedish dignitaries will be in attendance at the ceremony.

With the help of city, county and state officials, the principles of BJS, Pär Lidåker and Kaj Johansson, have partnered with Klote International Corporation official Carl-Gösta Torstensson to bring this facility to Dandridge. The new manufacturing facility located in the Dandridge Industrial Park contains 95,000 square feet of production, warehouse and office space. Continue reading “BJS North America East Celebrates Grand Opening in Jefferson County” »