City of Memphis
City Council drops property tax increase proposal
The council voted down the tax hike Tuesday.
Reporter
Samuel Hardiman is a reporter who focuses on government and politics. He began his career at the Tulsa World where he covered business and 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 Commercial Appeal’s city hall reporter and later joined The Daily Memphian in 2023. His current work focuses on xAI, energy needs and how local governments spend money.
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The council voted down the tax hike Tuesday.
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The council took no vote on the tax hike and could vote on it June 27.
As the Memphis City Council considers whether to raise property taxes, Memphis mayoral candidates were split on whether they want to do so.
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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The poll showed Van Turner and Floyd Bonner tied with about 15.9% of the vote. Willie Herenton trailed them at 13.9%, and Paul Young had 12%.
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