Putnam Officials Detail New Staffing, Infrastructure Needs
Putnam County officials presented a series of requests for new personnel and infrastructure funding during Thursday’s budget committee meeting. County Mayor Randy Porter said the county is managing a five-year capital projects plan designed to address large, non-recurring purchases through cash payments rather than debt. Porter said the strategy idenitfies needs like roof replacements and […]
Don’t Panic: Surging Values Do Not Mean Surging Taxes
New appraisal notices with dramatic upturns in home and business values causing concern among residents about the tax bill. Putnam County Property Assessor Steve Pierce said the notices are being sent out early to provide taxpayers with more legible information and to help them understand the upcoming changes. Pierce said the office included details on […]
Putnam County Tax Rate Drops After Historic Reappraisals
Putnam County Commissioners Budget Committee got data on a significant drop in the local property tax rate Monday night. Putnam County Property Assessor Steve Pierce said the preliminary certified tax rate has been set at $1.61, down from $2.60 from the previous year. That follows the reappraisal just completed. “It’s dropped a $1.05, historically it’s […]
Putnam Reappraisal To Be Mailed May 8, Value To Rise
Putnam County property owners will soon receive new property valuations reflecting a growing real estate market. But Putnam County Assessor of Property Steve Pierce said the rising appraisals could trigger a corresponding drop in the county tax rate. The county is currently undergoing its state-mandated five-year reappraisal cycle, with the last update occurring in 2021. […]
Putnam Commission Approves Shift To Four-Year Reappraisal
Putnam County Commissioners voted Tuesday night to shift the county’s property reappraisal cycle from five years to four years. Putnam County Assessor of Property Steve Pierce said the change is intended to improve fairness and protect revenue stability without raising taxes. Pierce said the proposal would help keep property values closer to market levels and […]
IDB Concerned About SAIC And Ficosa Delinquent Payments
The Cookeville Industrial Development Board concerned about SAIC and Ficosa being delinquent on each company’s Payment In Lieu Of Taxes or PILOT incentive package. Putnam County Property Assessor Steve Pierce said SAIC has paid the 2024 non-compliance portion to Cookeville but not to Putnam County. Pierce said SAIC is looking to reduce its lease space […]
Putnam Owners Receive Property Assessments
The Putnam County Property Assessor has sent out some 5,800 tax assessment notices to local residents and businesses. Property Assessor Steve Pierce said the notices are not a tax bill. He said the letter provides residents and businesses with an opportunity to correct any errors that may appear on their property taxes later this year. […]
Putnam 2023 Property Tax Notice To Be Sent Friday; Due February
Putnam County 2023 tax notices are going out in the mail on Friday, and citizens can expect a higher bill. The higher property taxes can be attributed to the Putnam County Commission raising the property tax rate. Property Assessor Steve Pierce said that the rate has increased from 2.472 percent to 2.66 percent, an 18.8 […]
Putnam Property Tax Rate Expected From State Friday Or Tuesday
The period for property value appeals has ended in Putnam County. Property Assessor Steve Pierce said it was amazing that the board of equalization only heard appeals for a few hours. Pierce said the county board of equalization mostly heard from commercial properties. He said now appraisal data will be compiled and sent to the […]
Putnam Co. Property Appraisals Calls Less Than Usual
Not many appeals of Putnam County property assessments…yet. Putnam County Assessor of Property Steve Pierce said that calls for both appraisals and informal reappraisals are happening later than usual this year across the state. “Everybody is calling late, especially on our commercial end–a lot of our commercials would have already been calling previously in years […]
