MEMPHIS, TN- (WMC-TV) - Memphis Mayor A C Wharton is responding to criticism of Riverfront Development Corporation employee salaries. Employees make $2.6 million combined, and still want more funding.
"It will be thoroughly examined. Where it will end up ... I simply do not know," said Wharton.
Mayor A C Wharton promised a review of the city's 14-year contract with the Riverfront Development Corporation to manage the Mississippi riverfront.
"It represents a real dilemma. There's so much potential on the river. We are a river city," said Wharton.
Councilman Harold Collins highlighted the RDC's $2.6 million price tag for employee compensations.
The RDC's 36 full-time employees average of $63,000 a year, including benefits.
You look at that salary and you ask the question: Are we getting more for this higher salary than we would have gotten for a lower salary, if we kept it in-house at the city?" said Wharton.