There are 14 article(s) tagged 2020-21 budget:

• October 2020

  • Reducing county reserve fund has risks, commission is warned

    The commission will vote Oct. 26 on setting new parameters for the spring budget season. And the county’s CFO says it could be dangerous to lower the percentage of reserves on hand. 

    By Bill Dries October 26, 2020

• August 2020

  • Germantown adopts $157.3 million budget

    Germantown aldermen adopted a budget and flat tax rate Monday evening. The budget totals more than $157 million.

    By Abigail Warren August 25, 2020

  • Germantown prioritizes, trims budget for 2021 fiscal year

    Germantown's budget was amended on the second of three readings. The Board of Mayor and Aldermen has one more review to make before the budget takes effect.

    By Abigail Warren August 11, 2020

• July 2020

  • Germantown plans flat property tax

    Aldermen reviewed the general fund and capital improvements in a work session on Wednesday. The aldermen plan to have the final review of the budget by the end of August.

    By Abigail Warren July 08, 2020

  • Germantown meets 2020 budgeted sales tax revenue despite COVID-19

    Germantown’s total sales tax revenue for the 2019-20 fiscal year was on budget, the city reports, although COVID-19 made the picture "murky."

    By Abigail Warren July 01, 2020

• June 2020

  • Collierville expects decreased revenue, but still approves 2020-21 budget

    Collierville's Board of Mayor and Aldermen unanimously approved its budget Monday. The town expects COVID-19 to negatively impact revenues.

    By Abigail Warren June 23, 2020

  • Legislature approves $39.4B budget early Friday after day of talks

    The Tennessee Legislature broke an impasse Thursday night and was set to pass a $39.4 billion budget for fiscal 2021 dealing with a $1 billion shortfall caused by the COVID-19 crisis, wrapping up a short but chaotic session surrounded by protest.

    By Sam Stockard June 20, 2020

  • Senate passes nearly $40B budget using reserves to cover shortfall

    The state Senate approved a $40 billion budget for fiscal 2021, using a chunk of reserve funds to cover about $1 billion in tax shortfalls caused by the COVID-19 crisis, but refused to restore money for education and postpartum health care.

    By Sam Stockard June 12, 2020

• May 2020

  • Collierville proposing flat tax rate for 2020-21 budget

    Despite a decrease in sales tax revenue, Collierville is proposing a flat property tax rate. The tax rate will remain at $1.83 per $100 of assessed property value.

    By Abigail Warren May 26, 2020

  • Germantown approves continuing budget resolution, water tower design firm

    Germantown aldermen voted for a continuing resolution to its budget on Monday. Additionally, they approved a professional services agreement for a new water tower design.

    By Abigail Warren May 11, 2020

• April 2020

  • Collierville Schools approves budget in virtual meeting

    The pandemic creates funding challenges, but the district expects federal aid through the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Additionally, the 2020 fund balance will help alleviate obstacles.

    By Abigail Warren April 29, 2020

  • ‘I have tried as best I can to put my money where my mouth is’

    Shelby County Mayor Lee Harris talks about his $1.4 billion COVID pandemic county budget on The Daily Memphian Politics Podcast.

    By Bill Dries April 27, 2020

  • Germantown finance commission endorses extending current budget

    Germantown's finance commission will review the 2020-21 budget later in the summer. For now, the commission recommends aldermen adopt resolution continue under the current budget.

    By Abigail Warren April 07, 2020

• March 2020

  • Collierville addresses COVID-19 effects on budget, town operations

    Collierville aldermen will continue to meet in town hall, although the public will not be allowed to attend. 

    By Abigail Warren March 27, 2020