Lakeland approves final reading of fiscal budget and tax rate
Lakeland approves its annual budget, maintaining the lowest municipal property tax rate in Shelby County.
There are 7 article(s) tagged 2024-25 budget:
Lakeland approves its annual budget, maintaining the lowest municipal property tax rate in Shelby County.
Chase Carlisle, the city council’s budget chair, proposed his version of a budget that stands at odds with Memphis Mayor Paul Young’s proposed 75-cent property tax hike.
The overall plan includes up to 37 townhomes, 114 individually owned stacked flats, 600 rental apartments and more than 50,000 square feet of retail.
The budget includes nearly an 8% hike in annual starting teacher salaries to $52,000.In fact, all Arlington Community Schools employees will receive a significant increase in salary next year.
The Bartlett Board of Mayor and Aldermen approved the annual fiscal year budget on the first of three readings this week, maintaining the suburb’s $1.73 property-tax rate.
Bartlett officials have begun reviewing the Memphis suburb’s annual budget. And while there is no property-tax increase anticipated, there are some fee adjustments under consideration.
With help from state funds, Bartlett’s school district will give teachers an increase in pay for the coming fiscal year.
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