Homeowners in the City of Franklin are Paying for NISSAN's Debt Service.... The Schools are Suffering. Instead of Spending 25k for a Porta Potty for the CEO's Visit NISSAN Employess Should RESPECT the Taxpayer

Due to Changes in the Transparency in the 2012 budget for the City of Franklin Tennessee NISSAN is NOT named as being WHY the debt exist.

Did anyone ask WHY?

Used to refund 2005 TN

Loans mature date 2024 $16,590,000 $16,000,000 $690,000 $490,862 $1,180,862 $743,943$436,919 $1,180,862

http://franklintn.gov/modules/ShowDocument.aspx?documentid=7881

From the budget of the City of Franklin

This chart illustrates the recent history of the City’s most significant revenue sources in the

General Fund, the local sales tax and its property tax. (Note: For property tax, in 2012, the

$13.1 million is split $6.7 million in the General Fund, $5.2 million in the Debt Service Fund,

900,000 due to the Industrial Development Board, and $347,000 in lieu of tax).

Schools are suffering in Tennessee due to “lack of money”…  Maybe NISSAN needs to “grow up and pay it’s own rent”  http://www.tennessean.com/article/20120228/WILLIAMSON/302280083/Committee-slashes-Williamson-schools-capital-request