Council delays vote on backstop for One Beale debt
At stake is the financing for the last of three hotels at the One Beale development that together would serve as a second convention center hotel.
Topic: Shirley Ford
RSSThere are 6 article(s) tagged Shirley Ford:
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July 2022
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January 2022
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State change in discount rate to cost city $500,000 in next fiscal year
The state has lowered the percentage it expects to make on investments that finance pension funds. By state law, the city of Memphis must lower its discount rate as well in the spring budget season.
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May 2021
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City Council members eye about $27 million excess in revenues
City Council budget committee Chairman Worth Morgan and city Chief Financial Officer Shirley Ford talked about revenue estimates and the impact of federal American Rescue Plan funds as well as restrictions during “Behind The Headlines.”
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April 2019
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Memphis City Council begins detailed budget review
The process for getting neighborhood speed humps and their distribution, and the cost of a modernized traffic intersection were among detailed line items City Council members reviewed on the first day of budget hearings Tuesday.
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Budget talks could include looking at bigger pay hike for non-public safety city workers
City council members start budget hearings next month and there are still a few more details to come about how much revenue the council will have as it considers amendments or changes in Mayor Jim Strickland's proposal.
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February 2019
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Fourth Strickland budget plan marks shift in recovery of city finances
An early look at Mayor Jim Strickland's still forming budget proposal to come in April shows in 2026 the city will be paying $40 million less in debt. Meanwhile, the budget plan will mark the city's final of five installments toward an annual pension liability payment estimated at around $78 million going forward.
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