County Commission considers 1-cent property tax hike

By , Daily Memphian Updated: May 26, 2021 11:07 AM CT | Published: May 24, 2021 7:58 PM CT

The commission approved Monday a basic property tax rate of $3.45 that generates the same amount of revenue as the current tax rate, taking into account increases in property values. But the rate must be rounded down by 0.001 cent, which comes to almost a quarter of a million dollars in revenue left on the table.

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Topics

Shelby County Commission 2021 budget season Edmund Ford Jr. Shelby County property tax
Bill Dries

Bill Dries

Bill Dries covers city government and politics. He is a native Memphian and has been a reporter for more than 40 years.


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