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Content Tagged 'budget'

Council Considers Vote on Sales Tax Increase
The business of sin is off the table for now with the Memphis City Council, unless you believe a sales tax increase is a sin. Video Watch Video
Councilman Ford Wants More Time for Vehicle Inspection Plan
The man behind one of the most controversial proposals to come out of the Memphis City Council in years says he wants a little time. Video Watch Video
Memphis City Council Members Promise No New Taxes
Memphis City Council members presented their budgets at City Hall Tuesday and none agree with Mayor Wharton's spending plan, which includes a property tax increase. Video Watch Video
Memphis Mayor's Property Tax Increase Likely Axed
If you own a home in Memphis you can breathe a bit easier. Mayor A C Wharton now says he won't get the 47 cent tax increase he requested. Video Watch Video
THE TRUTH: 'Borrowing' Healthcare Funds a Gamble with Retirees' Futures
To help solve the city's budget crunch, at least three Memphis City Council members propose borrowing $20 million from a fund meant to guarantee retired city workers' healthcare. Video Watch Video
THE TRUTH: Proposed Fire Cuts Could Make Bad Response Times Worse
The Memphis Fire Director says a plan to take fire equipment off the streets this year won't affect your safety. Truth is firefighters are already having a hard time making it to fires on time. Video Watch Video
THE TRUTH: City Owed Big for Special Event Police Services
Memphis is broke, but that isn't stopping those in charge from letting big money slip away. No one is pushing to collect the more than a million dollars owed for extra police patrols at special events. Video Watch Video
County Leaders Confident Vehicle Inspection Plan will Fail
Shelby County Commissioner Terry Roland is dead-set against a plan that would charge you for car inspections, and that would include people who live outside city limits but drive into the city more than twice a week. But now a few days have come and gone. Roland's not as worried as he used to be. Video Watch Video
Memphis City Council Weighs Budget Options
A special meeting was called as Memphis City Council members went over three new budget plans, but here's a switch. All of the council's proposed plans would cut taxes; the only one that raises taxes is the one proposed by Memphis Mayor A C Wharton. Video Watch Video
Residents Lash Out at Memphis City Budget Meeting
The idea of a 47-cent property tax increase is not going over well with taxpayers, and they let it be known at Tuesday night's city council meeting. Video Watch Video
Mayor Wharton Supports Ford's Vehicle Inspection Plan
Shelby County drivers beware. Memphis Mayor A C Wharton says if you use Memphis city roads and services during your commute in and out of the city, you should be forced to get your car inspected and pay for it as well. Video Watch Video
Memphis City Council, Unions Seek Budget Compromise
At Memphis City Hall it almost seemed as though cats and dogs were living together. Council members met with city employee unions to talk about making sure workers keep getting a check and avoid layoffs or pay cuts. Video Watch Video
Councilman Ford Confident in Vehicle Inspection Plan
Earlier this week, Memphis City Councilman Ed Ford Jr. said he wants to charge for motor vehicle inspections. He also wants people who travel into the city at least two times a week to get their cars inspected too. Ford says he's getting nothing but good comments from people in Memphis about the plan, and so he's moving forward. Video Watch Video
Taxpayers May Chip In $2M for Chisca Hotel Renovation
It will cost nearly $20 million to fix and reopen the historic Chisca Hotel. Members of the Memphis City Council are also talking about the city throwing in $2 million to help renovate the hotel, but with all the talk about the city's budget woes, is it a wise investment? Video Watch Video
Mayor Wharton, Memphis Council to Battle City Budget
These are taxing times in Memphis, and Mayor A C Wharton says the city is in desperate financial shape. Video Watch Video
Memphis City Budget Committee to Weigh Tough Choices
The days of the free lunch might soon be over for Memphis City Council members. Budget talks begin April 28, and some say it's time to quit having taxpayers pay for their chow. It's just one of many cuts being talked about as council members try to figure out a way to avoid a 47 cent property tax increase proposed by Memphis Mayor A C Wharton. Video Watch Video
'Food Fight' between ABC24 Bulldog, City Council
It was a food fight. Not the funny kind you see in the movies, but a very serious one between the Memphis City Council and ABC24'S 'Bulldog' Mike Matthews. Video Watch Video
Shelby County & Memphis: Two Different Budget Outlooks
Memphis and Shelby County, so much in common, yet so different when it comes to your money. Video Watch Video
Parking Ticket Revenue Falls Short of Budget Rescue
The Memphis City Council starts debating the city budget this weekend. Mayor A C Wharton wants to raise your property taxes by 47 cents. One promised money maker for the city, the crackdown on parking tickets and collections, has been a failure, not bringing in the money expected. Video Watch Video
High Salaried Officials Eyed for Cuts Amid City Budget Crunch
The head of the Memphis City Council Budget Committee is sharpening his scalpel. Jim Strickland says there is some cutting to do. Video Watch Video
Budget Talks Underway at Memphis City Hall
Mayor Wharton is pushing for a plan that would raise your property taxes to pay for city schools. But the chairman of the City Council Budget Committee says the Wharton plan doesn't do enough cutting and slicing. In fact, he says he has a plan that will end up cutting your property taxes. Video Watch Video
Memphis City Council Votes Down Property Tax Increase
The Memphis City Council voted to take $10.2 million out of the city's reserves and agreed to $3 million in cuts. Those cuts would not affect the Memphis Police Department. The tax increase was voted down.
City Council Passes Preliminary MPD $220 Million Budget
The Memphis police director's budget of $220 million got the OK from the city council Saturday morning, but it's only a preliminary vote and not all the council members voted.
Wharton Considers Employee Layoffs as Budget Looms
Mayor A C Wharton is considering police and fire department layoffs in Memphis as he prepares to present his budget ideas to city council members next week. Video Watch Video
Mayor Wharton Proposes 47 Cent Property Tax Hike
Memphis Mayor A C Wharton wants to raise property taxes by 47 cents in his new budget. His plan calls not only for more taxes, but also for more layoffs. The key is whether city council members will buy it. Video Watch Video
Memphis Faces Tough Decisions in Budget Battle
Memphis Mayor A C Wharton proposed raising property taxes by nearly 50 cents Tuesday to balance a record budget for next year. Video Watch Video
Wharton Promises No More Cuts for City Employees
Memphis Mayor A C Wharton says it's a guarantee: he won't ask for any more pay cuts from city employees. Video Watch Video
Mayor Luttrell Presents 'Dream Budget' to County Commission
It’s a night and day difference between the city and county mayor's proposals for their budgets. Shelby County Mayor Mark Luttrell presented his Wednesday afternoon, with no proposed tax increase, no layoffs, and even a 1% raise for county employees. Video Watch Video
Union President: Memphis Police Used as Pawns in Budget Battle
The head of the Memphis Police Association says cops are being used as pawns by Mayor A C Wharton. Earlier this week the mayor said he is considering layoffs that will include police and fire departments. The police union's president, Mike Williams, says if taxes are raised to avoid the layoffs people will blame cops and firefighters. Video Watch Video
Senate Votes 32-1 to Pass $31B Spending Plan
The Senate has passed its version of Gov. Bill Haslam's more than $31 billion spending plan, making nearly $60 million in cuts to a number of programs.
Memphis Police Union Wary of Deeper Employee Pay Cuts
The head of the Memphis Police Association is claiming the Wharton administration is dragging its feet in a continuing lawsuit over employee pay. Video Watch Video
Shelby County Mayor to Give Bonus Pay Despite Debt
Shelby County is a billion dollars in debt, but county workers are still getting bonuses this year. Mayor Mark Luttrell says it's all thanks to a nine-percent budget surplus. Video Watch Video
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