Tennessee Conservative
Tennessee Once Again Claimed Victory When It Recently Touted That Visitors Had Spent $27.5 Billion On Tourism In The State In 2022. But Those Numbers, Presented By A Marketing Group Called Tourism Economics And Paid For By The United States Travel Association, Revealed Little About How The Numbers Were Computed.
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Tennessee’s Financial Position Is $7.4 Billion Better Than It Was The Year Before, According To The State’s Recently Released Annual Comprehensive Financial Report.
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A Central Point Of The Push For A New $2.1 Billion Domed Tennessee Titans Stadium Has Been The Ability To Host Year-Round Events At The New Facility But Available Events That Could Fill The 60,000 Seat Stadium May Be Lacking.
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The State Of Tennessee Has Collected $585.8 Million More Than Budgeted In Taxes And Fees In The First Three Months Of The Fiscal Year.
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In Many Of The Cases, Rather Than Using Direct Funding Methods From City Or State Coffers, Tennessee Has Now Opted To Have A Portion Of Funding For The Bonds On Building Stadiums To Come From Sales Tax Zones. Those Funds Are Often Termed By Those Proposing Deals As User Fees. But Economists Say That Doesn’t Show The Full Impact.
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The City Of Memphis Plans To Ask The State Of Tennessee To Contribute $350 Million Toward Renovation Projects At Three City-Owned Arenas And To Help Build A New Soccer-Specific Stadium For Memphis 901 FC.
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After Announcing A Deal To Build A New Titans Stadium That Will Cost At Least $2.1 Billion, The Next Step For Metro Nashville In The Approval Process Will Be To Present The Deal To The City’s East Bank Stadium Committee At 4:30 P.M. On Oct. 26.
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Metro Nashville Announced A Deal With The Tennessee Titans To Build An Estimated $2.1 Billion New Stadium That Includes At Least $1.26 Billion In Taxpayer Funds. Of That, $500 Million Will Come Directly From The State Of Tennessee.
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Tennessee Comptroller Jason Mumpower States That The Plans To Build The New South Broad District In Chattanooga, That Include A New Stadium For The Lookouts, Are In The Best Interest Of The State If Two Conditions Are Met.
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The U.S. Economy Added 263,000 Nonfarm Jobs Last Month, The Lowest Total New Jobs For A Month All Year.
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