Pork Report cites Shelby, Memphis for ‘wasteful spending’

By Updated: December 11, 2019 7:17 PM CT | Published: December 11, 2019 4:59 PM CT
<strong>The Beacon Center's annual Pork Report&nbsp;criticizes the Economic Development Growth Engine, saying it &ldquo;continues to redistribute the tax dollars of hard-working Memphis to enormous corporations.&rdquo; Among the actions that landed&nbsp;Graceland on the report:&nbsp;EDGE provided a $20 million bond for Elvis Presley Enterprises as part of a $157 million capital investment project.</strong> (Patrick Lantrip/Daily Memphian)

The Beacon Center's annual Pork Report criticizes the Economic Development Growth Engine, saying it “continues to redistribute the tax dollars of hard-working Memphis to enormous corporations.” Among the actions that landed Graceland on the report: EDGE provided a $20 million bond for Elvis Presley Enterprises as part of a $157 million capital investment project. (Patrick Lantrip/Daily Memphian)

Memphis and Shelby County grab the attention of the Beacon Center in its annual Pork Report focusing on government spending for private projects, much of it targeting funds and incentives handed out by EDGE.

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EDGE for Memphis & Shelby County Beacon Center Charles Vance graceland
Sam Stockard

Sam Stockard

Sam Stockard is a Nashville-based reporter with more than 30 years of journalism experience as a writer, editor and columnist covering the state Legislature and Tennessee politics for The Daily Memphian.


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