There are 2 article(s) tagged discount rate:

• April 2022

  • Strickland to outline latest budget proposal today

    Mayor Jim Strickland has been dropping hints about his budget proposal that include more of the unexpected adjustments the city budget has taken over the past two years because of the pandemic. 

    By Bill Dries April 19, 2022

• January 2022

  • 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. 

    By Bill Dries January 18, 2022