New county fiscal year, same county reserve fund crunch
The low level of the reserve fund was the reason a majority of commissioners voted at the last meeting in June to raise the county property-tax rate by a penny. (Brad Vest/Special to The Daily Memphian file)
Shelby County commissioners vote Monday on a $125 million line of credit from two sources to deal with the county’s ongoing cash-flow crisis, an emergency fix for the air conditioning issues at the county jail and more.
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Shelby County Commission county fund balance tax anticipation notes Danielle Schonbaum Walter L. Bailey Jr. Criminal Justice Center UHM Memphis LLC manufactured housing Frayser Memphis-Shelby County Juvenile CourtBill Dries on demand
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Bill Dries
Bill Dries covers city and county government and politics. He is a native Memphian and has been a reporter for almost 50 years covering a wide variety of stories from the 1977 death of Elvis Presley and the 1978 police and fire strikes to numerous political campaigns, every county mayor and every Memphis Mayor starting with Wyeth Chandler.
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