Hale Said Property Tax Rates Best A Local Decision
State Representative Michael Hale said he does not foresee the legislature passing a proposed bill limiting how much property taxes can be raised in a year. Hale said there was much discussion surrounding the bill during this year’s session. Proposed limits ranged from two to seven percent. He said at the end of the day, […]
Crossville Raising Property Tax Rate For Budgeted Infrastructure, Recreation
Crossville will raise its property tax rate to assist the city in completing capital projects in the upcoming fiscal year. City Manager Greg Wood said the general fund budget is currently $19.6 million with projected revenues of $20.1 million. Wood said the property tax rate will go up 15 cents. “We were looking at a […]
Overton’s Reappraisal On Schedule
Overton County property owners should receive their updated property tax rate later this month. The County Board of Equalization held their first meeting Monday. Assessor of Property Cara Boone said the board will continue until June 12. “Every five years the state comes in to bring in new values,” Boone said. “You are supposed to […]
