City of Memphis Budget

This is the actual FY26 City of Memphis budget of $883 million.
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FY26 City Budget: $883 million

Official Budget

This is the approved budget for the City of Memphis for fiscal year 2026 ($883 million). The chart shows how tax dollars are allocated across different departments and services.

Current Budget Breakdown
Source: City of Memphis FY26 Adopted Budget
Budget Categories
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City Budget Facts
Police and Fire Services

Police and Fire services typically make up the largest portion of the city budget, accounting for a significant percentage of total spending.

Revenue Sources

The City of Memphis relies heavily on property tax revenue, which makes up about 60% of the city's general fund revenues.

Budget Constraints

Memphis faces budget constraints due to a limited tax base and increasing costs for essential services and infrastructure maintenance.

Budget Process

The city budget is proposed by the Mayor each spring and must be approved by the City Council before the fiscal year begins on July 1st.