Vast Differences in Funding for Opposing Sides in Nashville Taxpayer Protection Act Battle
July 15, 2021 | Tennessee
Members of an organized campaign who oppose the Nashville Taxpayer Protection Act are reportedly well-stocked with cash and have more that 400 times as much money as the people who favor it.
The people on the opposing side — residents who have pushed for the referendum — have a sum of cash that, by comparison, is paltry.
This, according to a report this week from Nashville Public Radio.
“Campaign finance documents show that backers of the referendum to limit local government power have less than $1,500 in the bank, [exactly the amount of money the group raised during the period May 11 to June 30] while the opponents ‘Save Nashville Now’ raked in $616,958, [during the period May 11 to June 30] ” the station reported.
“Save Nashville Now” spent more than $526,000 during the period May 11 to June 30.
The group paid $330,000 to Fortune Media, a Redondo Beach, California company, for ad buys. The group also made lavish expenditures to consultants. $100,000 went to an Austin, Texas consulting firm called the Eller Group, and $20,000 was paid to the Nashville based Maynard Group….
(Excerpts from the Tennesse Star)
