LOCAL NEWS
On Wednesday, the Tallahassee City Commission conducted the first of two public hearings on the Fiscal Year 2025 (FY25) operating budget, which totals $908 million, and the FY25 capital budget, which totals $302 million. The vote was 3-2.
The Greater Frenchtown Southside Citizens Advisory Committee recently held a meeting and concluded that the city’s Community Redevelopment Agency should consider purchasing part of Railroad Square.
Tallahassee Police have arrested one “armed and dangerous” suspect after a home invasion escalated into a shooting near Appleyard Drive Wednesday afternoon. The second suspect is still at large, according to TPD.
LOCAL SPORTS NEWS
The Chiles Timberwolves hosted the Leon Lions on Tuesday night in a crosstown volleyball matchup on military appreciation night. Although the Timberwolves won in straight sets, Leon made them earn it with the first two sets being tight. Get the details.
FLORIDA NEWS
A Florida appellate-court panel heard arguments Wednesday in a two-state legal battle between Florida State University and the Atlantic Coast Conference over issues such as sports media rights.
The Florida Supreme Court announced on Wednesday that it will expedite a case challenging actions taken by state officials, including Gov. Ron DeSantis and Attorney General Ashley Moody, over their alleged interference in the upcoming vote on a constitutional amendment pertaining to abortion rights.
NATIONAL NEWS
Inflation continued its downward trend to 2.5% year-over-year in August, the latest consumer price index report showed, reaching the lowest level since February 2021 and approaching the Federal Reserve’s 2% target. The data solidified market expectations the Fed will lower interest rates when it meets next week. See how inflation works here (w/video).
Francine made landfall yesterday around 60 miles southwest of New Orleans, Louisiana, as a Category 2 hurricane before weakening to a Category 1. A state of emergency is in effect statewide and in Mississippi, with a shelter-in-place order in effect for New Orleans following the end of evacuation windows. See live updates here.
US stock markets close higher (S&P 500 +1.1%, Dow +0.3%, Nasdaq +2.2%) as investors weigh latest US inflation data and buy chipmaker stocks, including Nvidia and AMD, whose shares rose 8% and nearly 5%, respectively (More).
TALLAHASSEE WEATHER
The Tallahassee Reports Daily Briefs: Thursday, September 12, 2024 added by Staff on
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Progressives I will hold my nose and vote for them because of the property tax hike. We need to get rid of these Democrats like Richardson.
Erwin/TR/Steve please look at city managers p card accounts and disclosure of family members of executives employed by the city… badly needed. Thank you team TR.
Steve and TR,
thanks for all your work and providing us the best news coverage we haven’t heard.