x
Breaking News
More () »

Memphis Mayor Jim Strickland delays 2021 budget presentation due to coronavirus crisis

2021 fiscal budget is expected in two weeks

MEMPHIS, Tennessee —

Memphis Mayor Jim Strickland has delayed his 2021 budget presentation due to the ongoing coronavirus pandemic.

During Tuesday’s Memphis City Council meeting conference call, the members listened as Strickland outlined a grim financial outlook for the rest of this year with a $20 million dollar shortfall and what would be an $80 million deficit.

Mayor Strickland says the best-case scenario is that federal funding would provide financial support for running the city.

The 2021 year fiscal budget is expected in 2 weeks.

RELATED: New Shelby County budget may have $34 million deficit thanks to coronavirus outbreak

RELATED: Coronavirus takes bite out of millions of Americans’ budgets, but apparently not Shelby County’s

RELATED: 1 out of 3 Memphis workers could lose their job due to coronavirus pandemic

Before You Leave, Check This Out