Johnston County bond issue may land between 200 and 260 million
Johnston County's bond measure on the November ballot is projected at 200 to 260 million dollars. Financial adviser Kyle Laux of Davenport & Co. says the debt level is manageable within the county's three borrowing policies and that the payout remains well above the required 50 percent within ten years. He notes the county's fiscal health and prior conservative management support borrowing under the guidelines used to reassure the LGC and credit markets.
MENTIONED IN THIS ARTICLE
Smithfield
Johnston County
Community College
Johnston
Kyle Laux
Davenport & Co
Laux
LGC
Local Government Commission
North Carolina
From Boss to Repair Biz How Michael Sneed Found Opportunity
Selma resident Michael Sneed 51 of Clayton describes how unemployment after the dot-com bust led him to start Sneed Appliance Services. He printed flyers after reading a top home-based business list and built a thriving repair business that lasted about two decades. Sneed then began offering repair classes and apprentice-style opportunities for students.
MENTIONED IN THIS ARTICLE
Selma
Michael Sneed
Sneed
Clayton
Nortel
OfficeMax
Smithfield project seeks deviations from housing rules
A planned unit development on M Durwood Stephenson Parkway near Booker Dairy Road would violate Smithfield's Unified Development Code by permitting 4200 square foot lots, narrower streets, and shorter setbacks. Councilman Travis Scott pressed the issue at a public hearing, while Planning Director Stephen Wensman said deviations could yield a better product.
MENTIONED IN THIS ARTICLE
Smithfield
M. Durwood Stephenson
Booker Dairy Road
Travis Scott
Stephen Wensman
Wensman
Proposed county budget raises spending but holds taxes steady
Smithfield proposes a 3.7 percent spending boost next year while keeping the tax rate at 69 cents. County Manager Rick Hester would add 36 jobs across departments and grant unspecified July raises with merit pay plans in October. Water and sewer bills would rise, and schools seek higher operating and capital funds.
MENTIONED IN THIS ARTICLE
Smithfield
Rick Hester
Hester
Veterans Service Officeone
Board of Elections
Technology Services
Also Mentioned on This Page
Scott
Johnstoniannews.com
Bond
Ted Godwin
McKenzie Miller
Johnstonian News
News.com
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