Arlington mulls adding 10 cents to property-tax rate
“Historically, what we try to do is anticipate our tax rate for the next four years, not year by year,” Arlington Mayor Mike Wissman said. (Patrick Lantrip/The Daily Memphian file)
The Arlington Board of Mayor and Aldermen will consider a 10-cent property-tax increase at its meeting on Monday, May 5, and some Arlington elected officials and residents are concerned about it.
Following meetings last week between the town’s Finance Committee and the Board of Mayor and Aldermen, staff is proposing to exceed the certified tax rate by 10 cents to support essential services and capital investments. The hike will lead to a proposed Fiscal Year 2026 property-tax rate of $1.16 per $100 of assessed value.
This is an excerpt of this story. To read more, please click here and subscribe.
Topics
Town of Arlington property tax rate certified tax rate Arlington Mayor Mike Wissman Subscriber OnlyThank you for supporting local journalism.
Subscribers to The Daily Memphian help fund our not-for-profit newsroom of nearly 40 local journalists plus more than 20 freelancers, all of whom work around the clock to cover the issues impacting our community. Subscriptions - and donations - also help fund our community access programs which provide free access to K-12 schools, community organizations, and more. Thank you for making our work possible.
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.
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.