Local News

School Board Announces Special Called Workshop

Friday, 1 February 2019

The Cannon County Board of Education will meet in a Special Called School Board Workshop - Saturday, February 2nd, 2019 - 8 AM at the Cannon County Board of Education Offices, 301 West Main Street, Woodbury.

Positive Economic Growth Continues Across Tennessee

Thursday, 31 January 2019

New business filings increased more than 10 percent in the fourth quarter of 2018 compared to the previous year, according to a new report released Thursday by Tennessee Secretary of State Tre Hargett. This marked the fourth consecutive quarter of new business increases in excess of 10 percent in Tennessee.

The Tennessee Quarterly Business and Economic Indicators report showed that 9,837 new entity filings were recorded in the final quarter of 2018 and a total of 42,914 new entity filings were processed by the Secretary of State’s Division of Business Services the entire calendar year.

“Business is booming in Tennessee, and the momentum of the past year is expected to continue as we head into 2019,” Hargett said. “We have worked hard to create a business-friendly environment in Tennessee, where businesses can thrive and grow, and that is reflected in this data.”

Tennessee has recorded 29 consecutive quarters of positive year-over-year growth in the number of new business filings.

Among the state’s four largest counties, Davidson County recorded the greatest number of new filings, with 2,206 – a 9.4 percent increase over fourth quarter 2017. Shelby County saw the second largest number of filings at 1,811 new business filings, an impressive growth of 12.2 percent over fourth quarter 2017.

Statewide, new filings of domestic limited liability corporations (LLCs) saw the strongest growth in fourth quarter 2018, expanding 13.4 percent over fourth quarter 2017.

The state also recorded 13,491 annual report filings by existing businesses in Tennessee in fourth quarter 2018 – an 8.8 percent increase over the same time period in 2017. Additionally, there were 1,587 dissolutions filed in fourth quarter 2018 – a 12.6 percent decrease compared to the same quarter the previous year.

The Tennessee Quarterly Business and Economic Indicators report is published through a partnership created through a partnership with the Secretary of State’s office and the Boyd Center for Business & Economic Research at the University of Tennessee, Knoxville. Its purpose is to provide a snapshot of the state’s economy based on a variety of information, including new business data from the Division of Business Services.

 

Opioid Epidemic Costs Tennesseans

Wednesday, 30 January 2019

The opioid epidemic is costing the economy in Tennessee hundreds of millions of dollars every year in lost personal income.

A new report from the University of Tennessee Boyd Center for Business and Economic Research details the impact drug addiction is having on the labor market in our state.
 

The report from UT economists' estimates that if just 10% of people addicted to opioids got clean, it would increase the labor force in the state by about one percentage point. That would lead to an additional $825 million in personal income in Tennessee.
 

The study has already been used by former Governor Bill Haslam to help determine where to allocate money to fight the epidemic. Haslam used the report to unveil his $30 million plan to address the opioid epidemic. That was released earlier this month and focuses on prevention, treatment, and law enforcement.
 

Gas Prices Steady in Volunteer state

Wednesday, 30 January 2019

Gas prices in Tennessee are holding steady right now, but face upward pressure, due to recent strength in the oil market and rising wholesale gasoline prices. The average price for gasoline in Tennessee is $2.01 per gallon but should rise another 3-5 cents this week. 
 
Tennessee motorists are paying 1-cent more than a week ago. However, the average price is still 7 cents less than last month, and 35 cents less than this time last year. Despite the anticipated uptick, the state average remains 72 cents per gallon less than last year's high, and 68 cents per gallon less than what Tennessee motorists paid in October. 
 
At the pump average price in Woodbury is $2.05 for regular gas.
 

Cannon County Unemployment Rate Drops

Tuesday, 29 January 2019

More than three-quarters of Tennessee’s 95 counties experienced a drop in unemployment during December 2018 according to data released today by Gov. Bill Lee and Tennessee Department of Labor and Workforce Development Commissioner Dr. Jeff McCord.

 
Seventy-six counties saw a decrease in unemployment in December; the rate remained unchanged in three counties, and 16 counties experienced an uptick in their jobless numbers.

 
Williamson County continued to have the state’s lowest unemployment during the final month of 2018 with a rate of 2.1 percent. Compared to the previous month, Williamson’s rate dropped by 0.4 of a percentage point in December.

 
Davidson and Rutherford counties had the next lowest unemployment rates at 2.3 percent each. Both counties saw a decrease of 0.3 of a percentage point from their November rates. Cannon County unemployment rate dropped to 2.7 percent down from 3.1 percent from the previous month.

 
“To finish 2018 with low unemployment in so many counties shows just how strong Tennessee’s economy is as we start the new year,” said Lee. “Much of our state continues to benefit from a business climate that encourages growth, which in turn leads to new jobs.”

State Warns of Curbstoning

Monday, 28 January 2019

The arrival of tax season has many auto dealers putting their sales promotions into high gear. Unfortunately, auto scammers don’t have consumers’ best interests in mind.
 
The Tennessee Department of Commerce & Insurance’s (TDCI) Division of Consumer Affairs and the Tennessee Motor Vehicle Commission, a part of TDCI’s Division of Regulatory Boards, remind consumers to educate themselves before they shop. Conducting thorough research is the best way to ensure the auto deal you’re getting is a deal and not a scam.
 
“Tax season often generates a high complaint volume for Tennessee’s Motor Vehicle Commission,” said Motor Vehicle Commission Executive Director Paula Shaw. “Unethical parties prey on the fact that many people are receiving an instant infusion of cash that they can potentially use to buy a vehicle. If you’re in the market for a car, research your options carefully to ensure you make the most of your money and prevent being scammed by a bad actor.”
 
A prevalent scam tactic is curbstoning. Curbstoning is the illegal sale of used vehicles under the false pretense of being the car’s owner in order to evade city or state regulations. Curbstoning occurs when a person engages in the act of  buying and selling used automobiles for profit but without a license, insurance, bond, sales tax number, Federal tax ID, proper local permits or legally established place of business.
 
How do you prevent curbstoning? Simple. Always buy from a licensed seller. Tennesseans can check a car dealer’s license status by visiting verify.tn.gov.
 
Remember, licensed dealers are required to disclose that they are a dealer in all forms of advertising, including social media such as Craigslist, by including either their business name or license number.
 
To help protect consumers, the TDCI created this video to raise awareness on social media and provides the following guidelines for consumers who may be shopping for a vehicle:
 
Before Shopping:

  • Decide what you can afford. Don’t forget to factor in insurance, parking, gas, and maintenance costs.
  • Research the car’s value. Check free online car evaluation websites to find out the average price of the car you plan to buy and trade in.
  • Look into financing before you choose a car. Ask about the financing terms, the number of months, down payment, interest rates, and finance charges.
  • Check a car dealer’s license status by visiting verify.tn.gov. All Tennessee auto dealers must be licensed by the Motor Vehicle Commission.

 
At the Sale Site:

  • Examine the car carefully:
    • Check the condition of the engine, tire wear, and any sign of an accident. The TN Motor Vehicle Commission offers this detailed guide on what to look for.
    • Take a test drive.
    • Get a vehicle history report at vehiclehistory.gov.                                                         
    • If purchasing a used car, have an independent mechanic check the car. Do not buy a car if the dealer will not let you have it inspected. Many safety defects will not be identified during a standard inspection so you should also check for recalls.
  • Review the contract carefully. Make sure all agreed upon repairs and warranties are written on the purchase contract before you sign. Never sign a blank, incomplete or unclear contract or buyers guide.
  • Get the mileage in writing and ensure it matches the vehicle’s odometer.
  • Get copies of all paperwork. Don’t leave without copies of everything that you signed.
  • If the dealer is to complete the title work for you, be aware that you may be asked to sign a Limited Power of Attorney authorizing the dealership representative to sign your name to the title and registration documents. Read this form closely and get a copy before leaving.
  • When purchasing a vehicle that will be subject to emission testing, the purchaser must request evidence that the vehicle will pass emissions testing prior to consummation of the purchase contract. If the vehicle has not been tested or pretested within 90 days of the proposed purchase date the potential purchaser should request a pre-test to ensure that it will pass prior to signing the contract.

 
Remember:

  • Notify the manufacturer that you are the new owner when you buy a used car or if your contact information changes. You can also subscribe for email alerts at safercar.gov for future safety recalls.
  • If you feel that you have been treated unfairly, and you have not been able to reach a satisfactory resolution with your car dealer, you may file a complaint with the Tennessee Motor Vehicle Commission.
  • Unlike other transaction types, no right of rescission (aka “Cooling-off Period”) exists for vehicle sales transactions. When you drive it off the lot it is yours, so take the time to have it inspected and read all paperwork closely before signing.
  • The Tennessee Motor Vehicle Commission is here to help. Visit us online or by calling 615-741-2711 and requesting the Compliance Unit.

 

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