Friday, June 15, 2018

Council "substitute budget" shifts $2 milliion from elsewhere to give to the schools.

The Metro Council's Budget and Finance Committee has completed its work on the mayor's budget and developed a substitute budget which, as expected, does not call for a tax increase. The substitute budget tweaks the mayor's budget by cutting a little hear and there that total $2 million and give that money to Metro Schools. Out of a $2.23 billion budget that is not much. Hardest hit was the city's Music and Entertainment Economic Development initiative which lost $1 million.$300,000 was taken from the mayor's office budget smaller amounts from other departments.  The $2 million additional funding for the schools is still much less than what schools asked for and there is no funding in the budge for Metro employees cost of living increase. For The Tennessean's report on this story, follow this link.

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