A LOCAL 8 WEATHER ALERT is in effect into Wednesday due repeated rainfall. A Flood Watch is in effect for our area until 7 AM Wednesday. Where there are more pauses in the rain, totals will be closer to 2 inches but some will receive at least 4 inches of rainfall total. Creeks and streams run high and areas with poor runoff could face flooding problems. Busy commute hours could face more slowdowns, with fog and standing water on roads as well.
CHATTANOOGA, Tenn. (AP) -- The Tennessee Valley Authority paid many of its top executives substantially more in fiscal 2012 than in the year before.
TVA's fiscal year ended Sept. 30 and year-end figures were released Friday by the government utility.
The Chattanooga Times Free Press reported TVA CEO Tom Kilgore's salary was down a fraction from the year before, but performance bonuses and deferred retirement benefits pushed his 2012 total compensation to more than $4 million -- up nearly 2 percent.
The largest pay jump fell to Kimberly S. Greene, who oversaw improvements in fossil fuel power generation in the last year. Her salary went up 50 percent to $3.57 million.
Chief financial officer John Thomas earned 32 percent more for trimming utility expenses when power sales came in $800 million short.
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