Content Tagged 'Budget'

The Unified School District now has an approved budget of $1.18 billion and it's $30 million in the red, even with $100 million in new cuts. Unified School Board members are talking about cutting at least 50 guidance counselor jobs. A lot of them work with poor and traumatized children. Watch Video

The Unified School Board passed a $1.18 billion budget Thursday afternoon, with a slightly smaller shortfall than expected. Watch Video

Shelby County Mayor Mark Luttrell already said he needs to raise taxes by 30 cents just to generate the same amount of money they got last year. But under his new budget plan, he needs even more money. Watch Video

A Memphis City Council contract impasse group is recommending firefighters also get their 4.6 percent pay cut restored. Different committees have recommended the same thing for police and sanitation workers. Watch Video

Forget the scissors, when it comes to cutting the budget of the new Unified School System, the top administrator says you better grab the butcher knife. Watch Video

The rocky road to merging Memphis and Shelby County schools is about to hit its biggest pothole. A proposed budget is out, and it shows schools will need an additional $35 million from county taxpayers to produce a balanced budget. Watch Video

Memphis City Council members are frustrated, confused, and angry with the mayor's budget. Watch Video

There was a small victory for the union that represents the sanitation workers, but it will be a long time before any city employees could see their salaries restored. Watch Video

The Memphis City Council needs to explain why they don't have any extra money in the budget. The city no longer contributes $60 million a year to Memphis City Schools, so where did all that cash go? Watch Video

The City of Memphis is facing another major budget shortfall. Mayor A C Wharton unveiled his budget plan for this upcoming fiscal year, and he's short around $26 million. Watch Video

The head of the Memphis City Council Budget Committee is telling you to keep an eye on city hall, and your money. Councilman Jim Strickland says with all these impasse committees agreeing to restore the 4.6 percent pay cut to city employees, there's only one way the city can afford to do it - raise your taxes. Watch Video

For the first time in years people started talking about cutting the Memphis Police Department's budget; it's something that was unheard of years ago. Watch Video

Congress passed a bill Friday that would allow the FAA to shift funds so it can avoid furloughing thousands of air traffic controllers. Other government agencies, like the National Weather Service, aren't so fortunate. Watch Video

The interim head of Memphis City Schools says he's ready to let everybody know how much money the Unified School System will need. Dorsey Hopson says the budget will be given to Shelby County Commissioners next week. Watch Video

Everybody knew the merged schools would need money, but not this much. The message from some Shelby County Commissioners is simple. Remember what the Rolling Stones said: "You can't always get what you want." Watch Video

City Council members say they didn't do it, but Memphis Mayor A C Wharton cut the Police Department budget and now there's no money for Blue Crush projects. Watch Video

The county is slashing the Tunica Humane Society's money in half this year, from $50,000 to $25,000. Watch Video

An uncertain future for Tunica, Mississippi. Tunica County's operating budget is short millions, mainly from declining casino revenues. Watch Video

Millington's $400,000 budget deficit means major cuts and a possible tax increase. Police and fire jobs were on the chopping block, but that may not be the case anymore. Watch Video

Memphis' budget crunch didn't stop its mayor from getting a new luxury Cadillac, costing taxpayers more than $1,200 a month. ABC 24 Senior Investigator Jeni Diprizio breaks down the costs and how they compare to other cities. Watch Video

With about $85 billion in forced spending cuts across the board, some politicians say the president is using scare tactics to get his way; others say that’s not true. Watch Video

Unified School Board members are talking about several ways to save money as they face at least a $150 million deficit. The first option up for discussion is to close schools that have low student attendance, an idea that has many parents angry. Watch Video

One of the most controversial members of the Unified School Board, Reverend Kenneth Whalum, says the board is working as quickly as it can, and argues the board's budget request isn't out of line. He also says a judge's efforts to push the merger to meet the August deadline could be devastating. Watch Video

Think taxes are bad where you live? They're prepping for a major property tax hike in Tunica, a 30 percent increase. Watch Video

A temporary 4.6 percent pay cut has lasted three years for Memphis city employees. Now, as budget discussions are about to begin, part of the pay cut could be reversed. Watch Video

The small town in Panola County has been struggling for years, but the last few months have been especially tough.

After weeks of talks about cutting education programs in a new unified school system, Memphis/Shelby County school board members voted Tuesday night to try a different approach: ask for more money instead. Watch Video

A night after the Unified School Board voted to ask for $145 million, parents at a school set for closure asked for some of the money. Watch Video

Millington is facing nearly a $400,000 deficit. The city manager says laying off 19 city employees will help offset the deficit, and that didn't sit well with residents. Watch Video

There is only one week left to avoid one of the largest federal budget cuts in history. If Congress can't reach a deal, sequestration would begin on March 1. Congress is eight days away from the deadline that could mean a million jobs lost. Watch Video

Memphis city employees aren't going to get their money back. Members of the police union say the cuts of more than four and a half percent were only supposed to last one year, but they will go on indefinitely according to Memphis Mayor A C Wharton. Watch Video

The Memphis City Council had voted to ask city residents to raise the local option sales tax.

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. Watch Video

Memphis Mayor A C Wharton is rolling out a new initiative hoping to make the city more efficient. Instead of looking at the city's money woes one year at a time, he wants to look long term. Surprise, surprise, he's hired a pricey consultant to help do it.

Students and some alumni of the University of Memphis's student newspaper, The Daily Helmsman, are claiming a university committee slashed its funding by a third over complaints about its content.

Memphis is broke, but that didn't stop Mayor A C Wharton from hiring a former Shelby County Commissioner and paying him $90,000. Mike Carpenter is the controversial commissioner who led the charge to cut vacation and sick days for county employees. Now he's working across the street at city hall.

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. Watch Video

The City of Memphis is finally going public about the hiring of a controversial former Shelby County commissioner. The announcement comes just one business day after ABC 24 News told you The Truth about it.

This year, the county may have to cut money for the programs, possibly up to $80,000. DeSoto's supervisors are trying to trim the budget without trimming services. Watch Video

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. Watch Video

The City of Memphis has a budget but the Mayor says the city's battle is far from over. Watch Video

A private art college in Memphis is selling off much of its art collection to deal with financial problems.

You'd think a property tax cut would mean that the birds would be singing, the bees would be buzzing, and everything would be ice cream and cake in a happy Bluff City, but it's not. Watch Video

After more than four hours of council debate, the City of Memphis has a new budget, and it will lower your property taxes.

Citizens should be happy, they're not paying more. Employees should be happy, they're making more. It took cuts in several other places to make it happen, and the board looked at every nickel and dime in the budget. Watch Video

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. Watch Video

It's budget time in north Mississippi. Both Olive Branch and Southaven's preliminary budgets are ready, and there's good news for taxpayers in both cities. Watch Video

It's expected to be a tight budget year in DeSoto County, but they're trying something new. The county's looking for a way to give employees a raise, so they're asking workers where the county can save. Watch Video

A proposal to cut $11 million from earthquake research has experts concerned.

The Memphis fight against blight is about to take a beating of its own as the new city budget takes effect Sunday. Watch Video