INDOOR REC CENTER PROJECT MAY BE PUT ON HOLD, SALES TAX COLLECTIONS ARE DWINDLING

For months now the Crossville City Council has emphasized the proposed 40 million dollar indoor recreational center will be funded by sales tax revenue, not property taxes.  Now that could be a problem.  City Manager Valerie Hale has reported sales tax revenues are down and have been down for the past several months.  Typically, sale tax revenue doesn’t begin declining until the fall of the year.  If that is the case this year, the City could be in for some rough financial ground.  The City has been counting on increased income from Buc-ees to help provide the needed revenue to pay for a massive loan the City will take out to help pay for the rec center. It is the largest financial expenditure the City has ever undertaken, and it does not come without controversy. Many Crossville residents make the case that the rec center is entirely too expensive for the City to move forward on.  Some have the misconception that the YMCA will be putting in the rec center.  In truth, the City will be paying YMCA millions to come into Crossville and operate the City built and funded rec center but that deal has not been made yet. The City of Crossville has lost revenue each of the last of the last four fiscal months when compared to a year ago, a total of a $116,759 loss.  The City has already spent millions on land acquisition, prep work, architecture design and legal fees on the proposed rec center. It is doubtful the City will want to hold back on the rec center even though a large portion of the citizens are objecting to spending the hefty price for the rec center and now sales tax revenues seem to be heading south. Most in the community are still miffed that the City Council adamantly refused to conduct a referendum, a public vote, before proceeding with the rec center project.