$247 million — Annual Property Taxes
$100 million — Annual Sales Taxes
$347 million – Total Annual Property Taxes and Sales Taxes
$238.4 million — Memphis Police Department Budget
$160.8 million — Memphis Fire Department Budget
$399.2 million — Total Public Safety Budget
In other words, all – every dollar – of Memphis property taxes and sales taxes do not cover costs of police and fire divisions. More to the point, it falls short by $52 million. It is little wonder that the other city services and programs are underfunded.