What the county revenue forecast could mean for your property taxes
Shelby County Mayor Lee Harris speaks before the Shelby County Commission. He said recently the county’s budget forecast is cause for optimism. (Brad Vest/The Daily Memphian file)
Shelby County Assessor Melvin Burgess Jr. says property values in the recently completed countywide property reappraisal are up about 27% compared to property values in 2021.
And Shelby County Trustee Regina Newman says the county could see $44.5 million more in property tax revenue just from other factors for the new fiscal year that begins July 1.
“The long and short of it is we stand by these numbers,” Burgess told Shelby County Commissioners this month at the first hearing of the county’s budget season.
Shelby County Mayor Lee Harris says the forecast is cause for optimism and maybe for keeping the county’s property tax rate at $3.39
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Shelby County Commission 2025 budget season Regina Newman Melvin Burgess Jr. sales ratio Subscriber OnlyWe’re in the final countdown of 2025. ⌛🪩🎉
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Bill Dries
Bill Dries covers city and county government and politics. He is a native Memphian and has been a reporter for almost 50 years covering a wide variety of stories from the 1977 death of Elvis Presley and the 1978 police and fire strikes to numerous political campaigns, every county mayor and every Memphis Mayor starting with Wyeth Chandler.
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