Muscle Shoals passes budget, short-term rental policy - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Health/Employee Benefits News
Newswires RSS Get our newsletter
Order Prints
November 19, 2025 Newswires
Share
Share
Post
Email

Muscle Shoals passes budget, short-term rental policy

Addi Broadfoot Special to the TimesDailyTimes Daily

MUSCLE SHOALS — City council members on Monday unanimously approved the city's 2025-26 fiscal year budget and adopted a new ordinance regulating short-term residential rentals.

After making a few tweaks to reflect recent departmental reviews, the council finalized and signed off on the budget.

Finance Officer Jazmin Castro said the city will see an increase in health insurance premiums, which will cost $2.9 million. Castro said the city typically separates life and dental insurance from health coverage, which checks in at an additional amount of approximately $200,000, bringing the total cost of health-related insurance premiums to $3.1 million for the municipality.

The budget also added a new fire grant account and increased projected ad valorem revenue by $33,000 to cover storm-related repairs funded by an insurance payment that cannot carry over into the new budget year.

Mayor Billy Hudson said the changes aim to save money without directly affecting residents.

"There were some things we had to cut out," he said, noting reductions such as eliminating extra vehicles in certain departments. Separating health insurance from life and dental coverage, Hudson said, will help the city track costs and manage expenses more efficiently.

Overall, the city is anticipating $32.7 million in revenue for the upcoming fiscal year. City employees are also slated to receive a 3% cost of living raise as well.

Hudson has previously stated the municipality has an estimated $28 million in its reserves.

The new short-term rental ordinance establishes licensing and registration requirements for homes or portions of homes rented for fewer than 30 days, including Airbnb's.

The rules are designed to protect public safety, preserve neighborhood character, and allow homeowners to participate in the sharing economy.

Hotels, motels, inns, and long-term rentals are not affected.

Only certain districts may operate short-term rentals, some requiring conditional use approval from the Planning Commission and city council.

Qualifying properties include single-family homes, attached units such as condominiums, up to 10% of multifamily units, mobile homes in designated parks, and additional dwelling units such as carriage houses or converted garages.

Owners must designate a local contact available 24/7 and maintain annual permits, certificates of occupancy, business licenses, insurance, and guest records for three years.

Rentals cannot host special events, display signage, or make exterior alterations indicating a rental.

Occupancy is limited by the number of bedrooms, with stricter building or fire code rules prevailing, and food preparation is limited to beverages.

Council President Donnie Linley said the rules follow ordinances in surrounding cities.

"Now they'll have to come get a business license and register so we'll know where they are," she said.

Hudson said the impact will vary by location but added: "Some rules are better than no rules."

The ordinance passed unanimously.

Other actions taken included designating the city's financial institutions; authorizing the sale of surplus equipment through an online auction platform; and setting a public hearing for a rezoning request at Puritan Avenue and Glendale Avenue for planned residential development.

The council also discussed the Avalon overpass elevators, out of service since May 2024, and the cancellation of an emergency phone line, which is expected to save the city about $24,000 annually.

The council's next meeting is scheduled for Dec. 1.

Older

Fed Split Deepens As December Rate Cut Hangs In The Balance

Newer

Sullivan & Cromwell Discusses Federal Reserve Revisions to Large Financial Institution Rating System

Advisor News

  • Dutch gambling tax hike falls short as prediction markets eye World Cup
  • Caregiving: A challenge that costs employers billions
  • Could your practice benefit from an advisory board?
  • SEC nears settlement with accused scammer Tai Lopez
  • The 3 things that shrink your Social Security income
More Advisor News

Annuity News

  • Globe Life Inc. (NYSE: GL) Highlighted for Surprising Price Action
  • Trademark Application for “EMPOWER YOUR MONEY” Filed by Empower Annuity Insurance Company of America: Empower Annuity Insurance Company of America
  • Built-in guaranteed annuities: What advisors should know
  • Malibu Life Holdings Completes Acquisition of TruSpire, Establishing Malibu USA and Accelerating Entry into the U.S. Retail Annuity Market
  • Why job boards are failing insurance agencies
More Annuity News

Health/Employee Benefits News

  • Nevada sees drop in health insurance marketplace enrollment as subsidies lapse
  • NYC Expands Outreach to Help Residents Keep Health Coverage
  • 'We have to be smart about it'
  • Georgia can do more to protect health coverage for its youngest residents
  • State budget helps 200,000 afford insurance
More Health/Employee Benefits News

Life Insurance News

  • THINGS YOUR CLIENTS SHOULD KNOW BEFORE SELLING A LIFE INSURANCE POLICY
  • Could your practice benefit from an advisory board?
  • AM Best Revises Outlooks to Stable for Missouri Farm Bureau Group’s Members and Farm Bureau Life Insurance Company of Missouri
  • Globe Life Inc. (NYSE: GL) Highlighted for Surprising Price Action
  • AM Best Assigns Credit Ratings to China Ping An Insurance (Hong Kong) Company Limited
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet