MEMPHIS, Tenn. (AP) -- Memphis' city council has approved an operating budget after more than six hours of debate.
The Commercial Appeal reported late Tuesday that the council approved a compromise that would result in 50 layoffs instead of 100. It would also restore 70 vacant police and fire positions originally targeted for cuts, as well as a 4.6 percent pay cut given to city employees two years ago. The council was still debating the capital budget late Tuesday.
The council was seeking to approve a budget that would satisfy concerns from the state comptroller's office.
Memphis has until July 1 to pass a budget for 2014 fiscal year.
Comptroller Justin Wilson sent a letter to the city weeks ago expressing concern about the city's finances, including how it handled its debt payments on a long-term basis. The letter said the city's practice of postponing debt payments to future years was not acceptable, and if not changed, the state would take action.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.