Collierville budget excludes tax hike despite revenue challenges
Collierville faced some revenue challenges this spring. However, the town is finalizing its budget, which includes a $5,000 raise for all staff, and no property tax increase.
Topic: property reappraisal
RSSThere are 20 article(s) tagged property reappraisal:
-
May 2022
-
-
October 2021
-
Shelby County stays with four-year property reappraisal cycle
The state Board of Equalization approved Wednesday, Oct. 13, keeping the four-year cycle after Shelby County Assessor Melvin Burgess Jr. changed his recommendation for a two-year cycle late last week to whichever one the state board preferred.
-
-
August 2021
-
State delays considering change in property reappraisal
The delay comes after all seven city mayors in Shelby County came out against the switch from a four-year reappraisal cycle to the two-year cycle approved earlier this year by the Shelby County Commission.
-
-
June 2021
-
County Commission Scorecard: The votes to raise property taxes
Our scorecard of critical Shelby County Commission votes tracks the set of votes this week that led to the approval of a one-cent increase in the recertified county property tax rate. The votes were more complex than usual with some parliamentary drama that almost brings down the curtain on another county budget season.
-
County Commission approves 1-cent property tax hike to rate of $3.46
The tax hike requires one more vote by the commission after notice is given to the public and the Board of Equalization with a chance for public comment. The commission also approved $1.3 million in recurring funding for the Memphis Area Transit Authority.
-
Tax assessor’s response disappoints Germantown flood victims
Germantown property owners whose houses were damaged by a 2019 flood say the Shelby County Assessor promised to meet with them to discuss how their homes’ values increased despite the destruction. But Melvin Burgess’ representatives say no such gathering will occur.
-
County Commission contemplates definition of stable property tax rate
The Monday, June 7, session of the County Commission could mark the end of the 2021 budget season with a series of final votes on a $1.4 billion consolidated budget and a county property tax rate considered stable if it drops from the current $4.05 to $3.45.
-
Flooded Germantown homeowners got no promises, assessor says
The Shelby County tax assessor said on “Behind The Headlines” that Germantown homes reflect an increase in values in this year’s reappraisal despite 2019 flooding in some parts of the city. He also discussed a change in the valuation of commercial property and his call for a reappraisal every other year.
-
-
May 2021
-
County’s certified property tax rate lower than expected
A path is emerging to a low-key budget passage by the County Commission next month. But commissioners are considering a big capital ask by SCS.
-
-
April 2021
-
County Commission withdraws reappraisal proposal
The proposal by Assessor Melvin Burgess would have moved the cycle of countywide property reappraisals for taxation purposes from once every four years to every other year.
-
County Commission returns to question of more frequent reappraisals
The commission delayed two earlier votes on moving to an every-other-year cycle for property reappraisals from the current four-year cycle.
-
County Commission Scorecard: Reappraisal test vote and Wellpath deja vu
The Daily Memphian Scorecard on important commission votes reveals the votes are close for now when it comes to the idea of a property reappraisal for taxation purposes every other year. And it shows commissioners willing to give one more chance to resolve a long-running contract controversy.
-
County Commission delays vote again on more frequent property reappraisals
Some commissioners have doubts about the move to every other year reappraisals. Assessor Melvin Burgess Jr. says the results will be less sticker shock from increases in values after four years.
-
County Commission considers more frequent property reappraisals
Monday’s commission agenda includes prep for the budget season that begins later this month in county government.
-
-
March 2021
-
Shift in Shelby County reappraisals would be first in the state
Property appraisal expert discusses how the proposal to move to reappraisals every two years instead of every four years would set a precedent for other major cities.
-
Vote on two-year property reappraisal cycle delayed
The County Commission put off a vote on the change in the reappraisal cycle until its April 12 meeting as commissioners hear a lot from constituents about increased property values in the current reappraisal.
-
County Commission to vote on property reappraisal every two years
The move to every other year comes as property owners are getting reappraisal notices this month that increased property values by an average of 15% to 20% countywide.
-
Flooded Germantown residents disappointed by reappraisal rise
While many are surprised by their reappraisal, some Germantown residents feel the assessor’s office did not keep its promise after the 2019 flood.
-
Reappraisals: Some answers to your questions
Here are a few links and pointers to follow if you have questions about your reappraisal notice.
Related story:
Property values jump in reappraisals but tax calculations still to come
-
Property values jump in reappraisals; tax calculations still to come
About two-thirds of the new property values, done once every four years, have been mailed. The reappraisal starts a complex and political process across all of the local governments in Shelby County that ends with setting new property tax rates.
Related story:
-
About 20 results
1