Budget woes hit TazewellOh, if only we had more employers. And fewer economic experts.
By Charles Owens, Bluefield Daily Telegraph
Tazewell, Va. — Funding requests in Tazewell County have exceeded available revenue by more than $3 million, according to County Administrator Jim Spencer.
As a result of the budget shortfall, the county won’t be able to consider additional funding requests at this time, Bill Rasnick, chairman of the Board of Supervisors, said following a public hearing on the county’s proposed 2008-2009 operating budget. The supervisors are expected to adopt the budget, which includes level funding for the school system, by the month’s end. (link)
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What happened to this rosy report that was released just last month?
"Tourism is a growing industry for Tazewell County, having already generated more than $38,890,075 in revenue last year, Margie Douglass, the county’s Economic Development and Tourism Coordinator, said."
$38,890,075 in county revenue. A $3,000,000 local government budget shortfall. Your numbers don't add up, babe. But then, my guess is, you knew that all along.