Strickland to close $26 million revenue hole in current budget from familiar sources
The $26 million in red ink is mostly from drops in sales tax revenue because of the closing of "nonessential" businesses in the pandemic. The plan for the current fiscal year, including more use of the city's reserves, was presented to city council members Monday with a vote possible at Tuesday's council session.
Topics
Jim Strickland 2020 budget season Memphis City CouncilBill Dries on demand
Never miss an article. Sign up to receive Bill Dries' stories as they’re published.
Enter your e-mail address
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.
Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here.