Memphis and Nashville governments are operating at a deficit, but Nashville improved its finances in the past year, according to a report released Thursday by Truth in Accounting.
The Metropolitan Government of Nashville & Davidson County needs $389.1 million to meet its financial obligations, with $6.8 billion in bills and $6.4 billion available. The deficit places a $1,600 burden on each city taxpayer, according to the report.
Read the full article on: The Tennessee Star