Star-crossed year 2013 ends in lingering dissension
If you believe that 13 is an unlucky number, than the year 2013 certainly bolstered that belief. Although the past year had some bright spots, for the most part those high notes were overshadowed by the declining fortunes of the area’s resort industry, as reflected in decreases in gaming tax revenues collected by the county.
For the sake of trying to look on the bright side, let’s start with the positives. The brightest note of 2013 has to be the announcement in September that a $140 million German automotive parts manufacturer, Feuer Powertrain, planned to build its first U.S. plant near Robinsonville. The announcement, held at the Tunica RiverPark, drew state and local economic development officials. The company plans to begin construction early in 2013 and will ultimately create 300 jobs.
Shortfall loan may up debt by millions
County supervisors voted Monday to take the next step toward a loan in anticipation of taxes, after learning that the amount they can borrow may substantially exceed first estimates.
Board attorney Ellis Pittman said gaming tax revenues can be added to the amount anticipated from property taxes and that up to 25 percent of that amount could be borrowed.
“We’re looking for a fiscal year tax,” county administrator Michael Thompson said.
“All (property taxes and gaming tax revenue) can be considered taxes that you can get an anticipation loan on,” Pittman restated.
Local History: Tunicans do their part to aid war effort
And then there were War Bonds and Stamps.
By Christmas of 1944, Tunica County residents were buying war bonds for the sixth war loan campaign. Bing Crosby was on the radio urging all patriotic Americans to “Buy, buy, buy a bond. Even if you can’t be a soldier in the ranks, you can be the guy who buys the guns, the ships, the planes, and tanks.”
Page 140 of 339
Gun discovered on HS team bus The Lion nation...
Revelations of official corruption, crime roil 1999 One of the most gratifying...
Two dead in Horn Lake murder/suicide A man...
Go Red in Tunica Tunica’s second annual...
1998: Tunica’s economic miracle builds, but issues begin to threaten “…People born...