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 almost 50 years covering a wide variety of stories from the 1977 death of Elvis Presley and the 1978 police and fire strikes to numerous political campaigns, every county mayor and every Memphis Mayor starting with Wyeth Chandler.


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