Council approves city’s share of recurring funding for MATA

By , Daily Memphian Updated: June 21, 2022 6:47 PM CT | Published: June 21, 2022 6:27 PM CT
<strong>The funding mechanism approved by the Memphis City Council on Tuesday, June 21, is the increase in city and county property-tax revenues. It&rsquo;s estimated the revenue for MATA in the fiscal year that begins July 1 will be $4 million with an additional $400,000 in county revenue.</strong> (Daily Memphian file)

The funding mechanism approved by the Memphis City Council on Tuesday, June 21, is the increase in city and county property-tax revenues. It’s estimated the revenue for MATA in the fiscal year that begins July 1 will be $4 million with an additional $400,000 in county revenue. (Daily Memphian file)

The growing pool of property-tax funding is expected to reach the $30 million goal in the next seven to eight fiscal years — with city and county combined funding.

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Memphis City Council Transit Vision Memphis Area Transit Authority Johnny Mosely Worth Morgan Rhonda Logan

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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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