Further, the significant twenty-four percent growth in the country’s nonprofit arts and culture industry can largely be attributed to the substantial amount of event-related spending by arts audiences. Art and cultural events generate economic activity for local businesses, including restaurants, hotels, retail stores and parking garages. Astutely realizing this potential, Paducah organizes large-scale events to entice tourists, such as the annual quilting convention that brings in nearly 40,000 tourists and the LowerTown music festival. During these events, the city's "no vacancies" signs are lit, restaurants are hopping, and local boutiques are brimming with customers. In addition, Paducah plans local events to encourage residents to socialize and support one another. An example of this is Paducah's "Live On Broadway" series that occurs every Saturday night in the summer. At these events, the city provides free live music, public art … [Read more...] about Extreme Makeover: Arts Edition Paducah, Kentucky
Some members of the legislative committee considering the bill were also unaware of the control the State may exercise over gaming. There has been concern that permitting casino gaming in Tennessee would have the same effect as authorizing the lottery did. Of course, once the lottery was authorized within the state, lottery ticket purchases were permitted ubiquitously. … [Read more...] about Have the Odds of Casino Gaming in Tennessee Just Been Raised?
St. Paul-based hunting and fishing chain, Gander Mountain Company, which bills itself as “America’s Forearms Supercenter,” filed for Chapter 11 bankruptcy protection on Friday in the U.S. Bankruptcy Court for the District of Minnesota, docket # 17-30673 and 17-30675. Gander Mountain is the nation’s largest retail network of outdoor specialty stores for shooting sports, hunting, fishing, camping, marine, apparel, footwear, and outdoor lifestyle. … [Read more...] about Gander Mountain Files for Chapter 11 Bankruptcy – Fifth Outdoor Retailer to File in Last Year
Steven Wiggins, 31, was named a person of interest in the shooting death on Wednesday morning of a Dickson County sheriff's deputy, according to the Tennessee Bureau of Investigation (TBI). A reward of $2,500 has been offered for any information that may lead to his arrest. … [Read more...] about Police Shooting: Manhunt Underway After Tennessee Deputy Fatally Shot During Altercation
Some states have made an effort to rein in pension costs. Rhode Island lawmakers passed the Rhode Island Retirement Security Act of 2011, which increased the retirement age and suspended cost-of-living adjustments. State Treasurer Seth Magaziner says the reforms are saving the state and cities about $300 million per year, and he estimates that Rhode Island will be fully funding the pension by 2036. "The challenges facing public pensions systems in America did not arise overnight, and they're not going to be fixed overnight," he says. "The longer they wait to do something, the more painful it's going to be." … [Read more...] about What we can learn from one mayor’s pension reforms