Memphis could raise property taxes. Here’s what it would pay for.
Memphis City Council Chairman Martavius Jones (right, with council member JB Smiley Jr.) has proposed a $0.29 increase to the city’s current $2.71 property tax rate. (Patrick Lantrip/The Daily Memphian file)
Council Chairman Martavius Jones has proposed a $0.29 increase to the city’s current $2.71 property tax rate, which would raise about $40.6 million in new revenue for the city if it passed.
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Samuel Hardiman
Samuel Hardiman is an enterprise and investigative reporter who focuses on local government and politics. A native Rhode Islander who lives Downtown, he enjoys tennis, golf and reading.
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