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TexasTowelie

(116,760 posts)
Thu Nov 14, 2019, 03:30 AM Nov 2019

The 'Mess' Of Metro Finances Has Tennessee Comptroller Demanding Budget Fixes

The city of Nashville is on a path to go broke next year. That’s the unmistakably dire message sent to the Metro Council and other city officials on Tuesday night by Tennessee Comptroller Justin Wilson.

And the comptroller demanded that Metro adjust its budget as soon as possible, warning that the state already could have snatched financial control if not for a grace period being given to the new mayor, new finance director and new Metro Council.

“It’s up to you, the Metro Council, to make the tough but necessary decisions to keep this city on track,” Wilson said, describing the city budget as “just about as tight as you can possibly get it.”

In Wilson’s extremely rare appearance at the council — unprecedented, he suggested — the comptroller played the role of school principal. He gave a firm lecture about the trouble Metro’s in, called its finances “a mess” and concluded the city is “cash poor” despite all the growth going on.

Read more: https://wpln.org/post/the-mess-of-metro-finances-has-tennessee-comptroller-demanding-budget-fixes/

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