Council Faces Tough Choices in Budget Talks -- Worst Case Envisions Job, Service Cuts
The Commercial Appeal (2007-Current) › May 05, 2010
Linked as:
Summary
The Memphis City Council is faced with a financial dilemma: Accept Mayor AC Wharton's debt-restructuring proposal, raise taxes and/or implement drastic cutbacks.
The Wharton administration has said forcing cutbacks would prompt severe city service reductions, including police and fire.See the full content of this document
Extract
Council Faces Tough Choices in Budget Talks -- Worst Case Envisions Job, Service Cuts
To fill a budget hole for education funding, Wharton has proposed restructuring $156 million in debt to raise $41 million for the fiscal year that begins July 1.
The restructuring would also...See the full content of this document
Sponsored links
