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Crawford County poised to pass new budget after major financial blows | Northwest Arkansas Democrat-Gazette

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Crawford County poised to pass new budget after major financial blows | Northwest Arkansas Democrat-Gazette

VAN BUREN — The Crawford County 2025 operating budget is up for a vote Monday by the Quorum Court, and it comes in the wake of a couple of financially tumultuous years.

Justices of the Peace are set to vote on the annual operating budget in a meeting that starts at 7 p.m. Monday in the upstairs courtroom at the Crawford County Courthouse, 300 Main St., Van Buren.

Prior to that session, the Quorum Court’s personnel committee meets at 6:30 p.m. and the budget committee meets at 6:45 p.m.

The budget panel agenda includes a request from county Judge Chris Keith to add $6,000 to the county general fund “for retaining legal fees on 1st Amendment lawsuit.”

Multiple issues have had big impacts on the county’s financial situation in the last couple of years. They include:

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A financial payout to the District 6 Rural Fire Department due to a 2019 lawsuit decided in 2023.

Two lawsuits sparked by the county’s change (now reversed) in how its library system handles LGBTQ-related books.

A paperwork fumble that meant the county lost out on about $3 million in sales tax revenue last year.

Going into 2025, costs from the pair of library-related lawsuits are ongoing and likely will require more taxpayer dollars.

FIRE DISTRICT SUIT

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The county’s District 6 Rural Fire Department board voted in April 2019 for the squad to become a fire protection district.

According to changes in Arkansas law that year, after the board submitted the notice to the Quorum Court, the county then had 60 days to approve it.

That never happened.

In November 2019, District 6 filed a lawsuit in Crawford County Circuit Court alleging that Crawford County, its Quorum Court and then-county Judge Dennis Gilstrap failed to approve the request.

District No. 6, located at 1022 Pleasant Valley Road in Van Buren, initially asked for $160,000, according to court filings.

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Court documents in the case indicate that the fire squad was “entitled as a matter of law to conversion into a statutory fire protection district effective no later than June 23, 2019.”

The lawsuit alleged that the county “must grant the petition.”

Becoming a fire protection district allowed the rural squad to collect property taxes to support its operations.

In a summary judgment decision in September 2023, Judge Marc McCune ruled in favor of the fire district and ordered the county to pay $221,273 plus interest as provided for by law, according to court records.

Crawford County appealed the case but did not prevail. Court documents show the county paid the damages by June 25 this year.

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LIBRARY LAWSUITS

Before the end of 2024, Crawford County will have spent at least $400,000 fighting a pair of lawsuits over its late 2022 and early 2023 change in how the Crawford County Library System catalogues LGBTQ-related library books.

Litigation already has resulted in the county rescinding the new policies but its sparring in federal court is not over.

Pressure on the Quorum Court at the end of 2022 from residents who spoke out about displays of LGBTQ-themed books in the system libraries led to the creation of a “social section” of books in early 2023.

Those volumes that were related to gay issues were marked with green stickers and collected into a certain portion of shelves.

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As a result, two lawsuits related to the issue were filed in 2023 in U.S. District Court in the Western District of Arkansas.

The first is Virden v. Crawford County, with three local mothers as plaintiffs who alleged the county’s treatment of LGBTQ-related books violated their First Amendment rights.

After a summary judgment in their favor Sept. 30 this year by Judge P.K. Holmes III, the Virden plaintiffs filed in court to have Crawford County, as defendants, pay their legal costs.

In civil rights cases such as this one, plaintiffs who prevail can seek “a reasonable attorney’s fee as part of the costs,” according to 42 U.S. Code 1988.

Federal Judge Timothy L. Brooks must decide whether the county will pay the plaintiffs’ more than $121,500 legal bill.

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The county is fighting the amount of the plaintiffs’ legal fees and costs.

The second lawsuit regarding the library books involves the Fayetteville library, other libraries and book sellers in Arkansas. Defendants are Crawford County and county Judge Chris Keith and the prosecuting attorneys in Arkansas’ 28 judicial districts.

It centers on two sections of Act 372, the new Arkansas law on school and library materials.

The last action on that case was Brooks’s cancellation Oct. 29 of all future hearings on the matter. What action is next — and the kind of wild card that will mean for Crawford County’s budget — remains to be seen.

The county’s cost figures thus far between the two library-related cases include:

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$40,678.50: Severance for ousted library director.

$240,735.05: Legal defense fees, so far, in the Virden v. Crawford County case lost by the county.

$121,558.31: Plaintiffs’ fees so far in the Virden case (if Brooks orders the county to pay the costs).

$118,300: Legal defense fees, as of Nov. 15, in the Fayetteville Public Library et al v. Crawford County, Arkansas et al, Act 372 case.

That adds up to a potential of more than $525,000 that the library book controversy may cost county taxpayers.

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SALES TAX REVENUE

The upcoming new chapter on Crawford County’s financial health comes on the heels of the county’s loss of about $3 million after it was unable to collect sales tax for three months last year.

Local officials failed to file the necessary paperwork with the state, said Scott Hardin, spokesman for the Arkansas Department of Finance and Administration.

In May 2022, Crawford County residents voted to continue a 1% county sales tax from Sept. 30, 2023, through Sept. 30, 2031.

Last year, according to Hardin, officials in Crawford County needed to file paperwork notifying his department of a change in its sales tax rate by July 3, 90 days before it was to take effect.

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Because that was not done, Hardin said, the county could not collect any revenue from the sales tax from Oct. 1 through Dec. 31, 2023.

Keith said revenue from the tax is divided between the county and the nine municipalities in the county based on population.

The county received more than $4.3 million from its side of the tax in 2022, according to Keith.

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Finance

9 Budget-Friendly Gifts To Buy Your Partner or Spouse, According to Finance Experts

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9 Budget-Friendly Gifts To Buy Your Partner or Spouse, According to Finance Experts
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Finding valuable holiday gifts for your partner doesn’t have to cost a pretty penny. While social media will tell you differently, there are plenty of budget-friendly, affordable options at your disposal.

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“One of the most impactful gifts doesn’t have to come with a hefty price tag,” said Dennis Shirshikov, head of growth at GoSummer and professor of finance at City University of New York.

“Consider giving the gift of an experience tailored to your partner’s interests. For instance, planning a surprise picnic at a local park or setting up a cozy movie night at home with all their favorite snacks can create lasting memories without straining your finances.”

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Below, experts share more of their top recommendations for gifts that are both meaningful and won’t break the bank.

Earning passive income doesn’t need to be difficult. You can start this week.

Another thoughtful idea, according to Shirshikov, is to invest in something that contributes to your shared future.

“Starting a small investment account together or contributing to a joint savings goal can be both symbolic and practical,” he said.

Shirshikov noted it’s a gesture that says, “I’m thinking long-term with you,” and it doesn’t require a significant financial outlay.

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Additionally, Shirshikov recommended personalized gifts which often carry more sentimental value than their cost would suggest.

“Crafting a custom photo album or writing a heartfelt letter can resonate deeply,” he said. “In today’s fast-paced world, taking the time to create something personal can mean more than any store-bought item.”

A thoughtful yet budget-friendly gift idea, according to Nischay Rawal, certified public accountant (CPA) and founder of NR Tax & Consulting, is creating a “financial wellness day” for your partner.

You can do this with a personal finance book like “The Total Money Makeover” by Dave Ramsey paired with a journal for setting shared financial goals.

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“It’s an investment in your shared future and encourages financial literacy,” Rawal said.

Another gift idea Rawal recommended is a subscription to a budgeting app like YNAB (You Need a Budget).

“It’s a low-cost but high-value tool that helps manage and improve spending habits together, leading to more informed financial decisions,” he said.

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8 Must-Read Personal Finance Books of 2024 for a Fresh Start in 2025

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8 Must-Read Personal Finance Books of 2024 for a Fresh Start in 2025
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Personal finance books can be fantastic resources to help you learn about everything from smart shopping habits to how to save for retirement, and there are thousands of books out there to guide you on your personal finance journey. In fact, plenty of insightful personal finance books have been published in 2024, alone.

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If you’re not sure of where to start, GOBankingRates did the hard work for you, rounding up the best personal finance books published in 2024 that you’ll want to add to your bookshelves next year.

And while you’re learning better financial habits from these insightful books, consider these money moves wealthy people make before the new year.

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Earning passive income doesn’t need to be difficult. You can start this week.

Originally published in 1949, this book has just been released in a 75th anniversary edition that’s been updated with commentaries by financial journalist Jason Zweig.

The book outlines Benjamin Graham’s “value investing” philosophy, providing a guide to investing for individuals looking to develop sensible strategies and protect their investments. Zweig’s commentary provides additional details and helps readers understand how to apply Graham’s timeless practices to today’s investment market.

Warren Buffett said that this book is “by far the best book about investing ever written.” Reviewers praise the book’s quality and value, noting that the commentary is helpful and further breaks down Graham’s ideas so that they’re easily understood.

Since the content from the original edition is bolded, individuals who already have the original can quickly identify and read the commentary for additional depth.

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Written for businesses and individuals looking to minimize their tax obligations, this third-edition book by Tom Wheelwright, certified public accountant (CPA), focuses on how to use the tax code as a road map to building wealth. This new version covers topics such as tax deductions, credits and incentives, as well as the latest tax reforms. It explores ways to legally minimize tax burdens to build and preserve wealth.

Reviewers found the book to be highly detailed yet also clear and easy to understand. Several reviewers praise Wheelwright for incorporating stories and using them to illustrate tax principles, which makes the book more entertaining and engaging. They also applauded the book as a good investment, particularly for business owners.

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Finance

Taylor Swift Eras Tour’s financial impact on sports stadiums

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Taylor Swift Eras Tour’s financial impact on sports stadiums

What do professional sports teams and Taylor Swift have in common aside from ties to Kansas City Chiefs tight end Travis Kelce? The financial impact of The Eras Tour. This past weekend Taylor Swift wrapped her 18-month, 152-show Eras Tour which brought in over $2 billion in gross revenue, making it the highest grossing concert tour in history. Not only is the billionaire pop star benefitting from these earnings, but some sports teams are also profiting from it as well.

On this week’s episode of Yahoo Finance Sports Report, host Joe Pompliano talks about Taylor Swift’s Eras Tour and how stadiums were financially impacted by these concerts.

There are currently a dozen stadiums owned by sports teams that hosted the Eras Tour. These stadiums include Hard Rock Stadium in Miami, MetLife Stadium in New York, Gillette Stadium in Foxborough, Mass. to name a few. “The reason for [their financial benefit] is simple,” Pompliano says. “If you look at [Swift’s] average concert, it produces about $10 million in ticket sales. She has a bunch of expenses though and the biggest [expense] is actually renting out the venue itself. That costs about $2-3 million per show, which the stadium venue gets to keep. Then these venues get to keep an additional million or so in other things like concessions, merchandise, parking, et cetera.”

Some of these stadiums hosted multiple nights of the concert too, so their revenue multiplied.

“This is why owning your own venue as a professional sports team is so important,” Pompliano says. “You can fill that venue on nights when you don’t have games with things like concerts… This is a huge financial benefit for some of these teams, and it’s why some of these professional organizations now look less like sports teams and more like real estate companies.”

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To hear more, check out this week’s episode of Yahoo Finance Sports report here.

Yahoo Finance Sports Report with Joe Pompliano, a vodcast brought to you by Yahoo Finance and Yahoo Sports, looks beyond the latest sports business headlines, analyzes all the need-to-know news – the teams, trades, and billion dollar deals – so you and your portfolio will win BIG.

Yahoo Finance Sports Report is developed and produced by Lauren Pokedoff.

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