Montgomery County budget vote includes new fairgrounds funding
MONTGOMERY CO., Tenn, (WKRN) — The Montgomery County Fair is moving to a new home, and county leaders approved funding for it.
At their Monday, June 9, meeting, Montgomery County commissioners voted to approve next year's budget, which includes $2 million in funding for the first phase of a county fairgrounds.
Neighborhood News: Stories impacting your community | Read More
The county has eyed a piece of land on Arkadelphia Road, less than a mile south of the Kentucky border. The fair was previously held at the Clarksville Speedway, but now the racetrack is in the process of being sold.
The City of Clarksville plans to turn that land into a park.
READ MORE | Latest headlines from Clarksville and Montgomery County
The $2 million will go towards hiring architects and other contracted services, as well as the construction of the fairgrounds.
'Our department heads, elected officials, and commissioners collaborated to deliver a balanced budget that invests in community priorities while avoiding a tax increase,' Montgomery County Mayor Wex Golden said. 'The 2026 budget reflects a shared commitment to meeting the needs of the residents we serve every day.'
Do you have news happening in your neighborhood? Let us know by sending an email to neighborhoodnews@wkrn.com.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
28 minutes ago
- Yahoo
Meta Platforms (META) Bets Big on AGI With $10 Billion Push and New AI Dream Team
Meta Platforms, Inc. (NASDAQ:) is one of the 10 AI Stocks on Wall Street's Radar. On June 10, Bloomberg News reported that the company's CEO, Mark Zuckerberg, is setting up a team of experts to achieve what is known as 'artificial general intelligence' (AGI), or machines that can match or surpass human capabilities. Citing sources, the report has revealed that the new AI team is being set up along with a reported investment of over $10 billion in Scale AI. It further reported how Scale AI founder Alexandr Wang is expected to join the group after a deal is done. Reportedly, Zuckerberg is planning to personally recruit around 50 people, including a new head of AI research for the AGI team. The decision is being made after looking at the performance and reception of Meta's latest large language model, Llama 4, the report stated. While we acknowledge the potential of META as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None.
Yahoo
32 minutes ago
- Yahoo
Tesla (TSLA) Faces Delivery Slump as Wells Fargo Sticks With $120 Price Target
Tesla, Inc. (NASDAQ:) is one of the 10 AI Stocks on Wall Street's Radar. On June 10, Wells Fargo reiterated an 'Underweight' rating on the stock with a $120 price target. The firm is sticking with its underweight rating, stating that the company's Q2 deliveries are 'on track for another poor quarter.' 'Most of TSLA May delivery results are now out. Once again, global deliveries are trending meaningfully weaker, with May trending 23% lower y/y and Q2 QTD trending 21% lower y/y. All three key regions are double-digit % lower, with EU the worst.' North America, Europe, and China— Tesla's key regions— have been experiencing double-digit percentage declines, the firm noted, further revealing that the 'fundamentals of the core auto business continue to weaken.' It further said that 'order' pricing on the website appears stable over the LTM,' but 'aggressive financing promotions continue to act as price cuts.' This, coupled with lower leverage, is a risk to Q2 margins. Attention is now being diverted to Austin Robotaxi deployment on June 12, which the firm doubts 'the likely limited debut will be enough to overshadow the poor fundamentals.' The firm also pointed toward China, Tesla's second-largest market, which is 'trending 22% lower QTD.' The firm asserted how the 'competition in China is beginning to take its toll on TSLA's business,' as local OEMs like BYD (SZ:002594) and Chery 'continue to undercut TSLA on pricing.' While we acknowledge the potential of TSLA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
33 minutes ago
- Yahoo
J.P. Morgan Sees Major Revenue Potential for Cisco From Next-Gen Products
Cisco Systems, Inc. (NASDAQ:CSCO) is one of the best Dow stocks to invest in. According to a detailed report from J.P. Morgan, Cisco Systems, Inc. (NASDAQ:CSCO) is positioned for a potential boost in revenue as it prepares for a wave of upgrades and replacements in its Campus infrastructure, driven by the upcoming release of its next-generation Catalyst switch series, expected next week. The firm has an Overweight rating on the stock and a price target of $73. J.P. Morgan analysts, led by Samik Chatterjee, made the following comment: "We expect to see the launch of Catalyst-2026 switches to support revenue tailwinds for the company, driven largely by an ASP uplift associated with the next-generation product and a faster adoption ramp for Catalyst-2026 relative to the Catalyst 9K series. We forecast +3% port shipment growth, in line with historical trends for Cisco, to remain consistent going forward, and to lead to a medium-term revenue growth CAGR of +6% in Campus revenue for Cisco relative to +3% in the past few years." Cisco Systems, Inc. (NASDAQ:CSCO)'s fiscal third-quarter 2025 results, released in mid-May, led to several upward revisions in analyst ratings and price targets, fueled by strong performance in networking and growing momentum in artificial intelligence. Following the earnings, Wells Fargo raised its rating on the stock from Equal-weight to Overweight and increased its price target from $72 to $75. The company has benefited from the global expansion of AI, securing new agreements in markets such as Saudi Arabia and the UAE. Cisco has also stepped into the quantum computing space. Chatterjee further said: "Historically, Cisco has tended to upgrade its flagship Catalyst campus portfolio every 6-7 years. The company is likely to launch their next-generation Catalyst product portfolio—the next generation of the Catalyst 9K series—later this year (likely at Cisco Live 2025 next week) with the products being commercially available in 2026." Its annual Cisco Live event is taking place from June 8 to 12 in San Diego. While we acknowledge the potential of CSCO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None. Sign in to access your portfolio
