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Memphis could raise property taxes. Here’s what it would pay for.

By , Daily Memphian Updated: June 04, 2023 4:00 AM CT | Published: June 04, 2023 4:00 AM CT

Council Chairman Martavius Jones has proposed a $0.29 increase to the city’s current $2.71 property tax rate, which would raise about $40.6 million in new revenue for the city if it passed. 

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city of Memphis Subscriber Only Property tax

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Samuel Hardiman

Samuel Hardiman

Samuel Hardiman is an enterprise and investigative reporter who focuses on local government and politics. He began his journalism career at the Tulsa World in Tulsa, Oklahoma, where he covered business and, later, K-12 education. Hardiman came to Memphis in 2018 to join the Memphis Business Journal, covering government and economic development. He then served as the Memphis Commercial Appeal’s city hall reporter and later joined The Daily Memphian in 2023. His current work focuses on Elon Musk’s xAI, regional energy needs and how Memphis and Shelby County government spend taxpayer dollars.


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