tax-bill

 

 

 

 

 

 

Revenues:

$247 million — Annual Property Taxes

$100 million — Annual Sales Taxes
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$347 million – Total Annual Property Taxes and Sales Taxes

 

Expenditures:

$238.4 million — Memphis Police Department Budget

$160.8 million — Memphis Fire Department Budget
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$399.2 million — Total Public Safety Budget

 

In other words, all – every dollar – of Memphis property taxes and sales taxes do not cover costs of police and fire divisions.  More to the point, it falls short by $52 million.  It is little wonder that the other city services and programs are underfunded.