City Administration: No need for reserves, sales tax has cushion

By , Daily Memphian Updated: April 07, 2020 4:27 PM CT | Published: April 07, 2020 3:49 PM CT

Mayor Jim Strickland plans to keep his April 21 date to present his budget proposal for the new fiscal year to the city council as his administration evaluates the impact of the COVID-19 virus on sales tax revenues that finance some of the city's biggest construction projects.

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Memphis City Council Doug McGowen tourism development zone

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Bill Dries

Bill Dries

Bill Dries covers city and county government and politics. He is a native Memphian and has been a reporter for more than 40 years.


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