City of Memphis
Analysis: Memphis’ budget woes years in the making
For years, Memphis officials warned of a budget hole. For years, the U.S. government papered it over. This coming fiscal year appears to be a different story.
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Samuel Hardiman is an enterprise reporter who focuses on government and politics. He began his career at the Tulsa World where he covered business and K-12 education. Hardiman came to Memphis in 2018 to join the Memphis Business Journal, covering government and economic development.
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For years, Memphis officials warned of a budget hole. For years, the U.S. government papered it over. This coming fiscal year appears to be a different story.
Had Memphis received more money under the American Rescue Plan Act, Memphis Mayor Paul Young might not be facing a shortfall in his first budget, something the mayor acknowledged in an interview Friday.
Senate Bill 2711, sponsored by state Sen. Brent Taylor, was held during the Tennessee Senate’s session Wednesday morning.
News of the formal ask follows Mayor Young telling the public Tuesday that he plans to ask City Council to raise property taxes to fill what could a $30 million budget hole.
A Memphis Police officer died Friday after being shot earlier that morning, MPD Interim Chief Cerelyn “C.J.” Davis said. An 18-year-old suspect, who had been recently arrested and released without bond, also died, Davis said. Leaders react to death of Memphis police officer Joseph McKinney Memphis Police officer killed in the line of duty: What we knowRelated stories:
The person who filed an ethics complaint against Memphis City Councilwoman Michalyn Easter-Thomas is an employee of an engineering firm working on a project the council member opposed.
Both resolutions are not binding and have little effect, but they express the body’s political will at a time when many members feel Shelby County’s autonomy is under threat from the Tennessee General Assembly.
The Memphis City Council approved $10 million from the city’s rainy day fund to fill the gap, most of which — about $9.7 million — is in the Memphis Fire Department’s budget.
A new deal has been struck to fund the FedExForum renovations, according to a draft agreement obtained The Daily Memphian.
Throughout his first 100 days, Memphis Mayor Paul Young has sought ways to get to “yes” and make Memphians feel heard by their new mayor, wielding his newfound power and spotlight to recast the city’s narrative and try to paint hope on Memphis’ self-portrait. But yes is not easy to come by. Listening takes hours that turn into days. Narratives don’t change in 90 days. Or 100. Already, circumstance has intervened.
But first, the Memphis Police Association says the city needs to demote 120-plus newly promoted second lieutenants.
A bill to complete the financing remains pending at the Tennessee General Assembly.
Sports authority board approves part of $550 million in planned renovations to FedExForum and provides a look at the upgrades the Memphis Grizzlies are planning.
An intense thunderstorm Tuesday morning knocked out power to tens of thousands of MLGW customers, according to the utility’s outage map.
Attorneys for RowVaughn Wells, Tyre Nichols’ mother, filed their initial discovery disclosure Thursday, March 28, detailing the 90-plus people who could be deposed during the ongoing civil rights lawsuit.
The City of Memphis said in a statement that a man grabbed Young as he was leaving dinner and the man then attempted to force his way into the mayor’s vehicle.
The bill that would help fund FedExForum renovations by allowing Shelby County to reallocate hotel-motel tax dollars to the project cleared its first legislative hurdle on Wednesday, March 27.
The project, which received key approvals in 2019, ran into the buzzsaw of the pandemic, and then the developer blamed higher interest rates after the pandemic for delays.
Wayne Tabor said Memphis Tourism had offered the city and county $30 million on Monday but “they keep wanting more and more.”
The Shelby County Board of Commissioners passed a resolution Monday that would cap the amount of hotel-motel tax funding Memphis Tourism receives, according to a resolution handed out to the media Monday, March 18.
State Sen. Brent Taylor told The Daily Memphian Monday morning that he is working on a bill allowing Shelby County to reallocate hotel-motel tax funding to cover the public financing gap for the Downtown Memphis arena’s renovations.
A state House subcommittee has rejected a bill for this session that would have given Shelby County residents an opportunity to vote for a sales tax increase to fund a new jail.
While I-55 bridge repairs are underway, the Tennessee and Arkansas departments of transportation are waiting to hear how much the federal government will contribute to the cost of replacing the Memphis-Arkansas Bridge.
Memphis Mayor Paul Young’s comments come as the city, county and Grizzlies' pursuit of more funding for FedExForum reaches a critical juncture.
A proposed bill could change how local hotel and motel tax is distributed; any reallocation of the existing hotel-motel tax would likely mean Memphis Tourism losing revenue.