Premium

Suburbs await new certified property-tax rates

By , Daily Memphian; , Special to The Daily Memphian Updated: March 19, 2025 4:00 AM CT | Published: March 19, 2025 4:00 AM CT

With budget seasons approaching, local municipalities will examine property taxes while homeowners pray their bills won’t increase.

For suburban budgets for the fiscal year from July 1, 2025, until June 30, 2026, reappraisal is a factor. Local officials are awaiting certified tax rates from the Shelby County assessor. But the value of many properties is expected to rise.

“We had hoped to have them by now,” Arlington Mayor Mike Wissman said about the certified rate. “We think they’re going to be up about 20% just from what we’re hearing.”

This is an excerpt of this story. To read more, please click here and subscribe.

Topics

Subscriber Only annual budget Shelby County tax assessor

2025 is almost over. Now is the time to support your trusted local news source.

Will you help us reach more Memphians with quality, in-depth local news? Make a fully tax-deductible donation or other contribution to The Daily Memphian, a 501(c)3 nonprofit news organization, today.

Thank you for keeping up with what’s happening in Memphis. Thank you for investing in our community’s trusted local news source.

Abigail Warren

Abigail Warren

Abigail Warren is an award-winning reporter and covers Collierville and Germantown for The Daily Memphian. She was raised in the Memphis suburbs, attended Westminster Academy and studied journalism at the University of Memphis. She has been with The Daily Memphian since 2018.

Michael Waddell

Michael Waddell is a native Memphian with more than 20 years of professional writing and editorial experience, working most recently with The Daily News and High Ground News.


Comments

Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here