Good morning, Nashville. As the first of the stimulus money starts flowing into Tennessee, the folks at Metro Nashville Public Schools are still waiting for their cut. At $15 million in the hole, they’ll be receiving almost $26 million in extra funding with one catch: It can only be used for Title I, or low-income, programs. Though it probably won’t salvage any jobs, it’s still good news for us since most of the kids in MNPS are considered low-income (Not-so-fun fact: about 75% of the kids in MNPS use the free and reduced lunch program.) Until they actually receive the money, they won’t be making any decisions about what to do with it.
- The Germans are coming. Our friends over at Chattarati have the exclusive report about Volkswagen’s announcement today regarding a possible multimillion-dollar investment in several universities across Tennessee. They’ll be covering the press conference today, so stay tuned.
- Pay up. After Dell announced a new round of layoffs a few weeks ago, the folks in Wilson County are starting to rethink all the tax breaks they gave the corporation to lure them into town. Although Dell promised them 1,000 new jobs, county officials point out that the plant now employs less than 300 people.
- Bits & pieces. Look at us go! Nashville was Tennessee’s fastest growing city last year, gaining about 30,000 new Nashvillians between July 2007 and July 2008 … The Nashville office for AIG blacked out the company’s logo this week and plans to rebrand itself as AGLA … More on the whole wine-in-grocery-stores thing … Nashville Shores’ infamously packed job fair is happening again this weekend.
Photo by somegeekintn.
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