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VOL. 128 | NO. 75 | Wednesday, April 17, 2013

Wharton Pitches Budget With 28-Cent Property Tax Rate Hike

Memphis Mayor A C Wharton Jr. presented a $622.5 million operating budget proposal to the Memphis City Council Tuesday, April 16, that would require a property tax rate increase of 28 cents.

Market Stability

New-home permit activity steady in first quarter of 2013

Home permit activity held stable for the first quarter of this year compared with the same period last year, and local builders expect to see continued gradual improvement through this year and into next.

Mays Weighs School Board Changes

Memphis Federal Court Judge Samuel “Hardy” Mays remembers the part of the 2011 consent decree in the schools merger case that gives the Shelby County Commission the option of increasing the size of the countywide school board to up to 13 members after Sept. 1.

Schools Could Get Additional $4 Million

When Shelby County Mayor Mark Luttrell presented his consolidated county government budget proposal last week to county commissioners, he made an important change that may have upped the amount of new revenue available for the consolidated school district.

Municipal Schools Bill Sails Through House, Senate

After much speculation about resistance from other parts of the state to lifting the statewide ban on special school districts statewide, the bill to do that sailed through the Tennessee House and Senate Monday, April 15.

Local Weather
Today
Memphis, TN
73°F
Partly Cloudy
Wind: 6 mph
Humidity: 79%

EVENTS

Sales and Marketing Society of the Mid-South will meet Wednesday, April 17, from 11:30 a.m. to 1 p.m. at The Racquet Club of Memphis, 5111 Sanderlin Ave. Mignonne Wright, president of Macadvantage, will present “Think Big. Make Love.” Cost in advance is free for members and $25 for nonmembers; cost at the door is $30. Visit sms-midsouth.org.

more events »

Business Workshop to Highlight Strategic Thinking

Next week, author, business coach and strategy expert Michael Synk is bringing his one-day workshop back to the University of Memphis to help business owners figure out how to craft a focused growth plan.

Haslam Continues Talks on Medicaid Expansion

Tennessee Gov. Bill Haslam has been talking with President Barack Obama’s administration since his decision last month not to accept federal funding for an expansion of the state’s Medicaid funding at least for now.

Taste of Jubilee to Benefit Underprivileged Students

Founded in 1947, St. John Catholic School at 2717 Lamar Ave. was once the largest Catholic school in Memphis.

Green Machine Brings Food to Neediest Areas

On a recent Wednesday afternoon, dozens of volunteers worked to paint an 80-foot mural on the side of a former Memphis Area Transit Authority bus.

Amro Milestone Attributed to Seasoned Staff

For the music retailer that traces its history back to 1921 and to the second-floor Downtown studio Mil Averwater opened to give piano lessons, 2013 is a time of reflection, celebration and pride in a few impressive numbers.

Martin Named Interim U of M President

Brad Martin, the retired chairman and CEO of Saks Inc. and current chairman of the private investment firm RBM Venture Co., will be the interim president of the University of Memphis.

MEMPHIS NEWSMAKERS

Meadows Named Director of Memphis Jewish Home & Rehab

Bobby Meadows has joined Memphis Jewish Home & Rehab as executive director. Meadows, a licensed nursing home administrator, has 13 years of nursing home experience, including 11 as an executive director. Most recently, he served for six years at Allenbrooke Nursing and Rehabilitation Center in Memphis.

LOCAL COLUMNISTS

You Have a Nice Personality, But Does Your Brand?

We naturally navigate to those with interesting personalities in real life, and so it stands to reason that the same holds true in the digital world. Why, then, do so many brands come across as cold and completely void of personality when communicating through social media?

Sometimes You Need to Shift Things Around

When leading a series of innovation workshops for Memphis Mayor A C Wharton Jr.’s Innovation Delivery Team with division leaders at City Hall, our task was steep: change long-standing behavior patterns. Turn doers into innovators. Have proven professionals who are deeply embedded in their roles get out of their current paradigm and empathize with the community and citizens they serve. Break the cognitive lock created by doing the same thing every day and see the city with fresh eyes.

Back to Budgeting

As the S&P 500 continued to set new highs last week, Washington returned to the forefront as President Barack Obama released his fiscal year 2014 budget. For the first time in four years, the executive branch and both branches of Congress have produced a budget.

STATEWIDE

Browns Owner: Pilot Flying J Under Criminal Probe

NASHVILLE (AP) – Cleveland Browns owner Jimmy Haslam said Tuesday the federal government has launched a criminal investigation into rebates offered by the truck stop chain owned by his family, including his brother, Tennessee Gov. Bill Haslam.

STATE GOVERNMENT

Bill to Create Charter Schools Panel Delayed

NASHVILLE (AP) – A proposal to create a state panel to authorize charter schools for five counties has once again been delayed.

Tennessee House Passes Watered Down Switchblade Bill

NASHVILLE (AP) – The state House has passed a watered down version of a bill that originally would have lifted a ban on switchblades and knives with blades longer than 4 inches.

Haslam Signs Bills Aimed at Protecting Students' Health

NASHVILLE (AP) – Gov. Bill Haslam has signed two bills that seek to protect the health of high school and college students.

Senate Panel OKs School Security Bill

NASHVILLE (AP) – A proposal that would allow school districts to hire individuals with prior law enforcement experience to handle security is headed for a full Senate vote.

EpiPen Bill Headed to Governor

NASHVILLE (AP) – Legislation that would authorize at least two epinephrine auto-injectors be placed in all public and private schools in Tennessee is headed to the governor for his consideration.

REAL ESTATE

US Housing Starts Surpass 1 Million in March

WASHINGTON (AP) – U.S. homebuilders broke the 1 million mark in March for the first time since June 2008. The gain signals continued strength for the housing recovery at the start of the spring buying season.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 32 344 10,222
MORTGAGES 52 452 13,327
FORECLOSURE NOTICES 30 106 2,644
BUILDING PERMITS 0 783 24,307
BANKRUPTCIES 60 359 9,892
BUSINESS LICENSES 23 133 3,736
UTILITY CONNECTIONS 76 595 14,558
MARRIAGE LICENSES 23 104 3,167

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