VOL. 124 | NO. 245 | Tuesday, December 15, 2009
Other School Funding Options Weighed At Special Wednesday Meeting
Memphis City Council members will weigh budget cuts in the middle of the current fiscal year as well as using at least $16 million of the city’s reserve funds to pay the Memphis school system $50 million.
With $1.6 million in public funding approved by the City Council two months ago, the beautification of Plough Boulevard – the road leading into Memphis International Airport – has reached another milestone.
The two Memphians in the 2010 race for Tennessee governor so far have charted very different proposals for higher education.
Besides looking for a new job, many of the unemployed will soon have to start shopping for health insurance because a one-time government program that has subsidized the cost for keeping employer-provided policies is just about over.
Bids are due at the end of this week from companies that can deliver a new high-tech device to the Memphis Police Department that will help officers keep an eye on criminal offenders.
6343 U.S. 70 (Summer Ave.), Memphis, TN 38134, Sale Amount: $1.2 Million -
Local real estate investor and retail owner Lawrence Migliara has bought the 14,700-square-foot strip center at 6343 U.S. 70 (Summer Ave.) near Bartlett for $1.2 million from Biz Point Property Group LLC of Las Vegas.
The Memphis City Council will meet today at 3:30 p.m. in City Hall, 125 N. Main St. The main item on the agenda is the council's scheduled approval of Memphis Mayor A C Wharton Jr.'s appointment of George Little as the city's chief administrative officer. For a complete meeting agenda, click the icon.
WASHINGTON (AP) - Rep. Bart Gordon, a 13-term congressman from Tennessee, announced Monday he will not seek re-election next year, the latest Democrat in a string of retirements.
State tax collections came in slightly below budgeted estimates in November for the fourth consecutive month of the fiscal year that began on July 1. Tennessee Finance and Administration Commissioner Dave Goetz announced Monday that state revenue collections for November were $708.2 million, which is 0.52 percent below November 2008 collections.
CHATTANOOGA, Tenn. (AP) - Environmental groups have told President Obama in a letter that the Tennessee Valley Authority should be prosecuted for the huge coal ash spill in Tennessee and should not have immunity from federal penalties.
NASHVILLE, Tenn. (AP) - State mental health officials say this holiday season will be especially taxing on the emotional needs of Tennesseans because of the decline in the economy.
NEW YORK (AP) - Citigroup reported Monday it is repaying $20 billion in public bailout money, freeing the banking giant from the close scrutiny and pay restrictions that came with the rescue program. The government will also sell its stake in the company.
WASHINGTON (AP) - President Barack Obama challenged top bankers Monday to explore "every responsible way" to increase lending, saying they were obliged to help after being rescued by taxpayers. He asked them to "take a third and fourth look" at their small-business lending.
WASHINGTON (AP) – The U.S. Supreme Court said Monday it will decide how much privacy workers have when they send text messages from company accounts.
WASHINGTON (AP) - A bipartisan group of former lawmakers and budget officials called on Congress and President Barack Obama Monday to commit to reining in trillion-dollar plus budget deficits to avoid dragging down the economy.