State Comptroller Wilson: Can Do City Budget Himself and Set Tax Rate, if Necessary
Regarding Tennessee law: “It’s pretty strong, and there’s absolutely no question that I’ve got to approve the budget. If the budget doesn’t balance, I can bring it into balance. There’s no question I can raise taxes."
June 18, 2013 at 9:40AM
Even as the Memphis City Council, now in Hail-Mary mode, scrambled this week to choose from several budget alternatives, including a brand-new austerity proposal from budget chairman Jim Strickland, state Comptroller Justin Wilson in Nashville was, resolutely if a bit apologetically, pointing out the bottom line. In a strong letter last week to Council chairman Edmond Ford Jr., Wilson had written that if the Council could not successfully conclude a workable budget within acceptable financial guidelines “someone else may end up doing this.” That someone, he made clear in an interview with the Flyer on Monday was himself, the state Comptroller.