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Med/School Funding Swap Off

The option of trading funding for the Regional Medical Center and Memphis City Schools between Shelby County and Memphis City governments is off the table.

After learning that the Med needed roughly $30 million in annual funding locally, some city council members wanted to take over the Med funding in exchange for the county taking over the city’s “maintenance of effort” obligation to the city schools. The switch, in the long-term, was supposed to alleviate double taxation for city residents.

But the obstacles proved too large.