Utility leaders in Memphis say they will slash their budget after a rate increase was rejected by the city council. MLGW says this means less tree trimming, fewer manpower hours, and putting improvement projects on hold. The utility president & CEO told council members yesterday budget cuts will total up to 200-million dollars from this year’s spending plan. That includes the elimination of 41-million dollars from operations, 18 new positions, and cutting overtime offered to employees.