All the Money in Shelby County
The Tennessee comptroller rejected Shelby County’s budget for the first time due to what he claimed were unmet requirements. This means Shelby County cannot access bonds or take on debt in fiscal year 2026, but major projects, like new schools and the Regional One rebuild, should stay on track.
In this update, we show you what public funding we have locally and where it comes from. We also highlight what Memphis and Shelby County officials can focus on in budgeting for the upcoming fiscal year to support children and families.
A Critical Budget Hearing | Weekly Policy Update
On May 13, 2025, Memphis City Council convened during a critical budget hearing to discuss the launch of a new Community Enhancement Division.
This division aims to improve environmental and neighborhood conditions by addressing “blight” or problem property-related issues. Ultimately, these efforts will work toward bettering the quality of life, public health, and safety for Memphians.
Shelby County Budget: Weekly Policy Update
The Shelby County Commission faces a June 30th deadline to approve the tax rate for FY26 and pass the entire budget for the county. The tax rate ordinance requires three readings, and the commission has already passed it on the first two readings with the tax rate left blank. This is typical, as debates reach into June before the body settles on a tax rate on the third reading.
Budget Season: Weekly Policy Update
Budget season for Memphis and Shelby County has entered full swing! Mayor Paul Young presented his proposed budget to the Memphis City Council for fiscal year 2026 in April, while Shelby County Mayor Lee Harris and Interim Memphis-Shelby County Schools Superintendent Rod Richmond presented their respective budgets to the Shelby County Commission last week.