Haslam Announces Tennessee Students Continue to Improve

Tuesday, June 26, 2012 | 02:12 pm

Statewide assessments show achievement gains for second year in a row

NASHVILLE – Tennessee Gov. Bill Haslam and State Education Commissioner Kevin Huffman today announced that statewide student performance on the 2012 Tennessee Comprehensive Assessment Program (TCAP) improved for the second year in a row, as the state continues to push toward academic achievement through its First to the Top education reforms.

Students reached higher levels of proficiency in 23 of 24 TCAP achievement tests in grades three through eight.  Achievement also increased on most high school “End of Course” exams.

“The continued success of students is a testament to how much work Tennessee teachers have done in the classroom,” Haslam said during the event at West End Middle School in Nashville.  “We’re so proud of our students, teachers and parents for supporting statewide efforts to improve education, and it is exciting to see gains for a second year in a row.”

TCAP results show that after two years of steady increases, half of students in grades three through eight were reading at grade level or above during the 2011-12 school year.

Additionally, 47 percent of students scored proficient or advanced in math — about 55,000 more than were on grade level two years ago.  More than 60 percent of students were proficient or advanced in science — 38,000 more students than in 2010.

In high school, more than half of students scored proficient or advanced in English I, English II, Algebra I, biology and history for the first time since Tennessee raised its standards three years ago.

“The growth we’ve seen on statewide assessments over the past two years is an impressive start, and shows that we are on the right track,” Huffman said. “But we still have considerable work to do to improve student outcomes and narrow the educational gaps that exist in our schools.  For now, we celebrate this success, as it gives us the encouragement we need to press forward with the hard work ahead.”

To improve the quality of education in Tennessee, TCAP Achievement tests and End of Course exams became aligned with more strategic and rigorous standards in 2009, a result of the Tennessee Diploma Project.  In the face of higher standards, students have demonstrated growth on the assessments each year as Tennessee strives to become the fastest-improving state educational system in the nation.

The governor and commissioner were joined for the announcement by House Speaker Beth Harwell (R-Nashville) and Senate Education Committee Chairman Dolores Gresham (R-Somerville).

Retrieved from: https://news.tn.gov/node/9103

Tennessee Governor Bill Haslam On Why His State is a Top State for Business

Tennessee Ranks No. 1 in Automotive Manufacturing Strength Three Years Running

Monday, July 16, 2012 | 10:04 am

State Earns Eight Top 10 Honors in Business Facilities 2012 State Rankings Report,
Tennessee Cities Also Recognized

NASHVILLE – Business Facilities, a national economic development publication, has issued its annual 2012 State Rankings Report, and Tennessee has been named the No. 1 state in the nation for Automotive Manufacturing Strength for an unprecedented third consecutive year. Tennessee earned an additional seven Top 10 honors for economic growth potential, job growth, business and education climate, transportation infrastructure, data center hubs and Race to the Top.

“Our strategic focus on the automotive sector has yielded a substantial return for Tennessee and created a magnet for growth, as Tennessee’s many strategic advantages make our state the most compelling location for business expansions and relocations in the U.S.,” Bill Hagerty, commissioner, Tennessee Department of Economic and Community Development, said.

“For an unprecedented third consecutive year, Tennessee has taken the crown as the top state in Business Facilities’ Automotive Manufacturing Strength ranking,” Jack Rogers, editor-in-chief, Business Facilities, said. “Fueled by a national revival in the auto sector, Tennessee’s assembly lines and supplier networks continue to get bigger and better. VW is ramping up production at its new plant in Chattanooga, Nissan is rolling out the all-electric Leaf in Smyrna and General Motors has given a new mission to the former Saturn plant in Spring Hill. The Volunteer State is putting the pedal to the metal as our undisputed automotive king.”

Last month, Magneti Marelli announced that the company will expand its Pulaski, Tenn. outfit, a $53.7 million investment that will create 800 new jobs. The company is a top global automotive systems and components supplier, and a new automotive lighting operation will be housed inside the company’s existing Pulaski facility.

“Magneti Marelli’s decision to expand in our state underscores the success Tennessee continues to enjoy in the automotive sector,” Hagerty added. “Since Governor Haslam took office in January 2011, our growth in the automotive industry in particular has been instrumental in Tennessee’s status as the eighth best state for economic growth potential and business climate.”

The additional seven Top 10 honors in the 2012 Rankings Report include: third for Race to the Top, fourth for Emerging Data Center Hubs, fifth for Best Transportation Infrastructure, eighth for Economic Growth Potential, eighth for Best Business Climate, ninth for Job Growth Leaders and tenth for Best Education Climate.

“Every year, there are a handful of states that deliver the best across-the-board performance in our rankings categories. Our 2012 State Rankings Report was a tour de force for Tennessee,” Rogers said. “In addition to its No. 1 finish in our Automotive Manufacturing Strength category, the Volunteer State was ranked among the top ten in seven other categories, including our flagship Best Business Climate and Economic Growth Potential rankings. Tennessee’s sustained effort to improve its education system placed it among the leaders in our Best Education Climate ranking, an effort which also garnered $500 million in federal Race to the Top funds, third highest in the nation.

“Many states are treading water in today’s sputtering economy. With a thriving manufacturing base, a growing skilled workforce and a business-friendly credo, Tennessee continues to move onward and upward,” Rogers added.

The accolades don’t stop at the state level with Tennessee cities topping several economic development related lists. In the Metro Rankings category, Memphis ranked No. 1 for Logistics Leaders- Air Cargo Hubs and Top 10 for Best Cost of Living, Knoxville ranked eighth for Fastest Growing Cities and Top 10 for Economic Growth Potential and Cookeville ranked in the Top 10 for Best Cost of Living. Memphis not only ranked No. 1 for Logistics Leaders – Air Cargo Hubs in the metro rankings, but No. 1 in the global rankings for the same category.

The complete 2012 Rankings Report will be featured in Business Facilities’ July/August issue and available online in late July at businessfacilities.com.

About the Tennessee Department of Economic and Community Development
The Tennessee Department of Economic and Community Development’s mission is to develop strategies which help make Tennessee the No. 1 location in the Southeast for high quality jobs. The department seeks to attract new corporate investment in Tennessee and works with Tennessee companies to facilitate expansion and economic growth. Find us on the web: tn.gov/ecd. Follow us on Twitter: @tnecd. Like us on Facebook: facebook.com/tnecd.


Media Contact: Shannon Sumrall, ECD
Office: (615) 253-4897
E-mail: shannon.sumrall@tn.gov

Retrieved from: https://news.tn.gov/node/9219

Tennessee Cuts Inheritance, Gift and Sales Tax

Rarity BayPosted: 13 Jul 2012 08:22 PM PDT

In our last blog post, regarding no-state-income tax states, we told our readers one of the states – Tennessee – had an inheritance tax ranging from 5.5% to 9.5%.

However, on May 21, 2012, Tennessee Gov. Bill Haslam signed into a law a Republican-led measure phasing out the inheritance tax – and cutting the state’s sales tax on food by one-quarter of a cent. (Tennessee is one of a handful of states that taxes grocery food, and local taxing authorities add as much as 2.75% to that tax.)

The inheritance tax bill’s sponsor, Rep. Charles Sargent, R-Franklin, argued that it would soon generate more tax revenue than brought in by the tax, because those with large inheritances would spend more on taxed items and services. He added that the new law will make the state one where people will come, and want to stay when they retire.  State Sen. Mark Norris, R-Collierville, dubbed it the “Family Farm Preservation Act,” because he felt it would encourage farmers to hold onto their properties.

The inheritance tax will be history by 2016. Until then, the exemption increases to $2 million in 2014, $5 million in 2015, then disappears in 2016. According to the Chattanooga Times Free Press, it will cost the state an estimated $94.6 million annually.

Hani Sarji, an attorney who focuses on tax law and estate planning in New York, wrote in the June 30, 2012 edition of Forbes that the tax cuts were designed “to keep wealthy retirees in the state of Tennessee and to woo others, adding that Tennessee lawmakers also repealed the gift tax retroactive to January 1, 2012. Sarji also writes that “Although Tennessee’s death tax is called an ‘inheritance tax,’ it operates as an ‘estate tax.’ An inheritance tax is an excise tax upon the privilege of inheriting property, and it is paid by each beneficiary. In contrast, an estate tax is an excise tax imposed on the privilege of transferring wealth, and it is paid by the decedent’s estate.”

Sarji continues: “Quite simply, Tennessee’s gift and estate tax (was) the single greatest reason why wealthy people don’t want to live in Tennessee. Many leave the state and few (wealthy) move into Tennessee. They take all their jobs, entrepreneurship, spending, homes and wealth with them. This (was) the single greatest detriment to Tennessee’s growth and Tennessee’s ability to raise sufficient tax revenues,” and he argued that the elimination of Tennessee’s gift and estate tax will in fact, increase state tax revenues.

And, despite Democratic efforts to lower the state’s sales tax on grocery food from 5.5% to 5%, Republicans said they didn’t want to give away the farm, so both sides agreed to the 1/4% cut – for now. Gov. Haslam liked the original proposal, and said he’ll propose another quarter-penny cut next year.

It looks like Tennessee lawmakers are smart enough to think what will be best for their state long-term.  As more retirees examine what different states offer, coupled with the natural beauty much of Tennessee offers, this new tax repeal will be yet another reason for Baby Boomers to give the Volunteer State strong consideration for their retirement relocation.

Send your inquiries to info@southeastdiscovery.com or call 877.886.8388.

Retrieved from: http://www.southeastdiscovery.com/southern-way-of-life/2012/07/tennessee-cuts-inheritance-gift-and-sales-tax-0

TN Tops 3rd in State Favorability Poll

Over the course of four months starting last October, we asked American voters nationally what their impressions of each state are. Hawaii came out on top, by far, with California bringing up the rear…read more

Rarity Bay is privileged to have Paul Jackson for a 3 day Watercolor Workshop

Paul Jackson Water ColorRarity Bay is privileged to have Paul Jackson returning for a 3 day watercolor workshop as listed below. 

Paul is honoring us by hosting his “Spring Show” here in the Bay and will be at the club for dinner and show on Friday, April 13th from 5:30 on.  Everyone is welcomed to join us and see the wonders of his works.

April 13-15
Vonore, TN
Painting Glass and Shiny Stuff
The Community Activity Center, Rarity Bay
Contact: Trisha Hanna at thth321@tds.net

ABOUT PAUL JACKSON:Paul Jackson received a Master of Fine Arts degree in 1992 and has since been relentless in pursuit of his creative dreams, receiving top honors in national and international competitions, contributing his art to a vast library of magazines and books and sharing his creative influence to all corners of the earth.

Honored by the American Watercolor Society with signature membership at the age of 30, Paul is also a Signature member of the National Watercolor Society and an Honor Member of the Missouri Watercolor Society.

He designed the Missouri Commemorative State Quarter for the United States Mint, created the stage backdrop for the musical Porterphiles at the York theatre in NYC,  has thrice designed Presidential Easter eggs for the White House.  Paul has also created several public art murals and glass mosaics, and is a frequent leader for charitable causes.

In 2008, Jackson was the featured speaker at the International Watercolor Masters Invitational in Lushan, China. Paul was also the only American artist invited to the International Art Meet in Kolkata, India in 2011..

Jackson frequently serves as judge for national and international art competitions. In 2009 he served as the invited juror for the American Watercolor Society’s 142nd annual international exhibition and in 2013 will judge the Transparent Watercolor Society of America.

Visit Paul’s website

Please save the date as more information will follow.

For Sale – Villa on Oversized Double Lot with Views of Lake Tellico and Golf Course

240 Goldcrest Drive, LOT: 1173, Vonore, 37885
Listing Number: 766839
Beds: 3
Full Baths: 2
Square Feet: 2,050
Acres: 0.43
Age (years): 8
# Rooms: 6
Sub-Area: 336
Subdivision: RARITY BAY
One level living with great curb appeal. This expanded & upgraded villa sits on an oversized double lot with awesome views of the lake and golf course. Stacked stone fireplace, 3rd bedroom is currently used as a home office. BRAND NEW HVAC system & $5,000 electric awning installed!

For more information click here.

For Sale – Bordeaux Villa Home

120 Heron Court, LOT: 225R, Vonore, 37885
Listing Number: 769301
Beds: 3
Full Baths: 2
Square Feet: 1,788
Age (years): 10
# Rooms: 6
Sub-Area: 336
Subdivision: Rarity Bay
This LIKE NEW custom Bordeaux Villa in beautiful Rarity Bay is walking distance to swimming, tennis, personal fitness center, and clubhouse. Gated community on Lake Tellico just minutes from Knoxville. Yard maintenance provided. Social Membership available to buyer. A MUST SEE offering. All new kitchen appliances, fireplace, Maytag washer/dryer, new carpeting throughout, sunroom, sprinkler system, custom rock work, and separate door for personal golf cart with whisper quiet garage door openers. Perfect for retirement or vacation escapes. Don’t miss it! Built by Rarity Bay Builders.

For more information click here.

Lovely Villa Home For Sale

108 Greenfinch Dr, LOT: 1155, Vonore, 37885
Listing Number: 779935
Beds: 4
Full Baths: 3
Half Baths: 1
Square Feet: 3,726
Age (years): 7
# Rooms: 11
Sub-Area: 336
Subdivision: Rarity Bay Phase 13R
This lovely villa home backs up to a waterfall and fountain! Featuring 4BR 3.5 BA, upgrades throughout, fireplace, master suite on main – this home is ready to move into! Professionally manicured and care for lawn makes this home maintenance free!

For more information click here.

For Sale – Home with Lake, Mountain and Golf View

223 Osprey Circle, LOT: 17, Vonore, 37885
Listing Number: 737121
Beds: 3
Full Baths: 2
Half Baths: 1
Square Feet: 2,734
Age (years): 15
# Rooms: 8
Sub-Area: 326
Subdivision: Rarity Bay
Lake, Mtn and golf view home offers vaulted ceiling in the great room with gas see through FP to the Hearth Rm. Kitchen has double ovens, center island gas cooktop-all appliances convey. Master on main level plus den. Upper level has loft area, 2 guest BD’s, jack & jill bath, storage. Sunroom adjacent to the Hearth Rm. Irrigation System, Security System. Heated & Cooled oversized 2 car garage with separate golf cart garage door. Golf membership included. Much, Much More!

For more information click here.