NASHVILLE, Tenn. (OSBORNE) -- Mayor John Cooper is offering up a $41 million fix for the city’s current out of balance budget, but Nashville’s long-term financial problems remain.
Cooper’s plan includes cuts to the city’s public housing fund. It also calls on Metro departments to further trim their budgets.
If the council approves, the fix will at least temporarily fore-stall threats by the state to take control of the city’s finances.
But At-Large council member and budget committee chair Bob Mendes continues to insist a property tax increase is the only long term solution.
“It’s really not plausible to continue forward without a rate increase, unless you’re gonna cut back on employees, which makes no sense in a growing city.”
Mendes has offered up tax increases in each of the last two council session. Both were voted down.
