There are 48 article(s) tagged budget:
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.
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.
“Basically, every teacher would move up the equivalent of four steps in one year,” Lakeland School System Superintendent Ted Horrell said at a budget work session for the coming fiscal year.
Leaders of the Memphis suburb intend to avoid a property tax increase for the coming fiscal year that begins in July.
The city’s sales tax revenue is strong despite concerns of a possible recession when the budget was developed last year.
Germantown’s budget proposes $25 million in improvements, but it comes with challenges related to supply chain.
Valesa Wells will follow Mark Krock, who retires from Collierville March 1, becoming the first Black department head in the town’s administration.
Shelby County Schools approved a proposed budget of $2.2 billion to be presented to the County Commission on Wednesday, June 16.
Bartlett’s FY 2022 $180.9 million budget proposal includes a 4% salary increase for all full-time employees.
Mayor Keith McDonald’s administration believes the tax increase is necessary to maintain the city’s current services, pay current (and future) employees a more competitive wage and address its debt service.
Votes on the budget and tax hike passed unanimously in separate votes on first reading at Bartlett City Hall Tuesday night. Two more readings are required on both before they become enacted for the coming fiscal year.
Collierville Schools approved its $99 million budget Tuesday. The suburb’s mayor and aldermen will review it as part of the town’s overall budget.
The Lakeland Board of Commissioners has delayed consideration of an amendment on the Lakeland Commons, but the developer wants the city to take action soon.
Shelby County Commissioner Tami Sawyer talks about the County Commission’s budget struggle, almost two years in office with a Democratic majority and the politics of face masks.
City council budget committee chairman Martavius Jones talks about the city budget season and the effect of the pandemic on city finances.
Facing the biggest state and national emergency in decades, the Tennessee Legislature adopted a $39.8 billion budget Thursday night, March 19, and vacated the State Capitol as COVID-19 continued to spread.
Germantown aldermen have approved a $182.9 million budget for the coming fiscal year. The final version was approved with several amendments.
Germantown wants to buy the 180-acre Germantown Country Club. However, more than two weeks after bids closed, the city is unsure of its status as a potential buyer.
The Shelby County Commission's budget and finance committee approved Wednesday a $1.3 billion budget and retained the county's $4.05 tax rate.
Commissioners Mickell Lowery and Tami Sawyer proposed the resolution because they believe criminalizing low-level marijuana offenses has significantly contributed the county’s jail population of more than 2,300.
The County Commission has about three weeks to amend the budget if it wants to approve it in time for the next fiscal year, which begins July 1.
The County Commission's budget committee discussed potential next steps in the budget process when it reconvened Wednesday morning.
The City Council stuck with a compromise 4% pay raise for police and firefighters and kept the city property tax rate at $3.19, but also extended a controversial cover charge for Beale Street on summer weekends.
Two council members expressed concerns last week about the Strickland administration's "brilliant at the basics" philosophy, but that probably won't affect votes on a 4% raise for police and firefighters.
The community budget meeting is scheduled for Tuesday from 6 to 8 p.m. at Graceland Soundstage, 3717 Elvis Presley Blvd.
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