The Tennessean reported today that the mayor of Mt. Juliet, a neighborhood outside of Nashville, is encouraged by the growth shown in Wilson County in 2008 and calls for “cautious optimism” moving forward.
Mayor Linda Elam delivered the State of the City Address at a luncheon at the Chamber of Commerce in Mount Juliet and discussed the success in 2008 and challenges that Middle Tennessee will face in 2009. In 2008, sales taxes moved up by almost $500,000 as the area opened many new businesses and restaurants. Additionally, several large-scale retailers have moved to the area and are prepared to open in 2009.
The fiscal year will begin at the end of June, and Elam stated that “tight fiscal controls, conservative revenue projections and continued business recruitment” will keep the area afloat, adding that “finances will be our biggest challenge, but we will get through these tough times”. Click here for the article.
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