WEBL News

TN Could Scale Back Oversight Of Town’s Finances

The state of Tennessee could scale back its financial oversight of a majority-Black town near the site of a planned Ford truck plant if it meets certain goals by this summer, a move that comes after the state takeover drew national attention, officials said Wednesday.

Tennessee Comptroller Jason Mumpower said last week that his office was taking over the finances of Mason, about 40 miles (65 kilometers) northeast of Memphis. The state comptroller’s office said the town, which is not far from a planned Ford electric pickup factory, has experienced 20 years of financial mismanagement.

Exit mobile version