NASHVILLE, Tenn. (WTVF) — The city of Nashville has taken some financial hits with the deadly tornado this month and the Coronavirus outbreak bringing the city to a halt. In light of that, city officials are taking measures to secure its finances ahead of an expected impact.
In a letter to Metro department heads, the Director of Finance and other officials said the budget would be postponed "to allow time for a more meaningful analysis of the duration and the magnitude of the emerging economic challenges."
Departments were asked to reduce spending by enacting a hiring freeze as well as a freeze on promotions, travel and some capital spending.
Any spending unrelated to the March tornado and the ongoing pandemic will likely be canceled or deferred for the remainder of the 2020 fiscal year.
Read the full letter below:
