Memphis, schools close to compromise on funding - Action News 5 - Memphis, Tennessee

Memphis, schools close to compromise on funding

MEMPHIS, Tenn. (AP) - The mayor of Memphis and the superintendent of the city schools system are close to a compromise on funding that the city owes following a $57 million court judgment.

Mayor A C Wharton said Monday that soon they will have terms that can be presented to their respective legislative bodies. Superintendent Kriner Cash told The Commercial Appeal it won't be final until lawyers for both sides have checked off on it and the board has approved it.

Last week, Wharton offered to pay $12.5 million in installments through June 15 if the school system would agree to accept less than the $57 million that courts have said the city owes from 2008. But school board attorney Dorsey Hopson said that proposal did not meet the city's legal obligations.

Information from: The Commercial Appeal, http://www.commercialappeal.com

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

 

  • Most Popular StoriesMost Popular Stories

  • Tuesday, May 21 2013 5:47 PM EDT2013-05-21 21:47:55 GMT
    (WMCT-TV) - The man accused of killing a police officer will avoid a fourth trial after striking a plea deal. He will walk free. Action News 5's Nick Kenney reports from the courtroom that Timothy McKinney
    The man accused of killing a police officer will avoid a fourth trial after striking a plea deal. He will walk free.
  • Tuesday, May 21 2013 3:17 PM EDT2013-05-21 19:17:20 GMT
    (WMC-TV) - Thunderstorms could hit Shelby County by 2:30 p.m. The storms are currently in Tate and DeSoto Counties, moving toward Shelby County. Additional thunderstorms are expected to move east, hitting
    Thunderstorms could hit Shelby County by 2:30 p.m. The storms are currently in Tate and DeSoto Counties, moving toward Shelby County.
  • Tuesday, May 21 2013 3:29 PM EDT2013-05-21 19:29:03 GMT
    (WMC-TV) - A snapshot into the lives of a Germantown family comes with a warning. "Every day is just a struggle, especially with the fatigue," said Wilson Nanney. "I mean, it takes a lot of energy to
    A snapshot into the lives of a Germantown family comes with a warning.