City Of Memphis Council Committee Council Committee Meeting
The committee meeting addressed resolutions to allocate $2,388,000 in City Council Community Grant funds to nonprofit agencies for FY27 and to amend the Fiscal Year 2027 Debt Service Fund Operating Budget to appropriate up to $2,600,000 for arbitrage rebate payments to the Internal Revenue Service. Both items received favorable recommendations for a full vote. Additionally, the committee received an update regarding the Accelerate Memphis initiative.