There are 12 article(s) tagged property tax rate:
The County Commission Scorecard tracks the second in a series of votes on a county property tax rate. But the votes probably don’t close out the county’s budget season with four of the 13 commissioners absent.Related story:
Germantown approved its $197.9 million budget. The board also established a new speed limit for minor streets in the suburb.
The scorecard tracks the key votes that closed out the city’s budget season, including cutting off a proposed property tax hike before it got to the floor.
The legal opinion will be about the chain of events at the June 7 session that led to the first approval of the $3.46 county tax rate.
Lakeland settled on a $1.04 property tax rate to fund its $100.5 million budget. Increased sales tax revenues helped offset the suburb’s spending.
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.
Based on a scheduling snag, the Bartlett Board of Mayor and Aldermen is delaying key votes on the final reading regarding the fiscal year 2022 budget and tax rate until later this month.
The public hearing on the potential property tax increase was delayed Tuesday because of a scheduling notification problem.
Martavius Jones says he will push for the increase at next week’s council session.
Commissioners also got a look a three scenarios for a property tax hike from County Mayor Lee Harris’ administration although Harris has said he is not proposing such a tax hike.
Lakeland officials began their review of the annual budget and property tax rate, approving the ordinances on first reading.
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:
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