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Bailey: Budgets and school funding — balancing the need vs. the requirement

By , Daily Memphian Updated: May 15, 2026 9:11 AM CT | Published: May 15, 2026 9:05 AM CT
Clay Bailey
Daily Memphian

Clay Bailey

Clay Bailey, a lifelong Memphian, has worked as a reporter in the city four decades. He concentrated on suburban coverage for the bulk of his career, except for a stint as sports editor of The Daily Memphian when it launched in September 2018. He now is suburban editor and also serves as a freelance sports writer for The Associated Press.

This is the time of year news out of the suburbs can be both important but also be stories filled with a lot of calculations, math, numbers and percentages.

Every spring, suburban cities go through the budgets, the financial plans for the new fiscal year that starts July 1. And accompanying that consideration is the property tax rate set by the six suburbs in Shelby County.

My standard line since college was that the adviser told me if I majored in journalism, I could take philosophy as a requirement rather than math.

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Subscriber Only City of Germantown 2026-27 budgets property tax rate school budget

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