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)

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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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