Memphis city council OKs operating budget

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.


Join the Conversation!

To comment, the following rules must be followed:

  • No Obscenity, Profanity, Vulgarity, Racism or Violent Descriptions
  • No Negative Community Comparisons
  • No Fighting, Name-calling, or Personal Attacks
  • Multiple Accounts are Not Allowed
  • Stay on Story Topic

Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.

Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Links require admin approval before posting.
Questions may be sent to webmaster@wvlt-tv.com. Please provide detailed information.

powered by Disqus

WVLT VOLUNTEER TV

6450 Papermill Drive Knoxville, TN 37919 Phone - (865) 450-8888; Fax - (865) 450-8869
Gray Television, Inc. - Copyright © 2014 WVLT-TV Inc. - Designed by Gray Digital Media - Powered by Clickability 213099521