KNOXVILLE, Tenn. (WVLT) -- Knox County Mayor Tim Burchett's new budget doesn't call for a tax increase, but won't fund additional money Knox County Schools requested.
Mayor Burchett will unveil his budget to the Knox County Commission Thursday at 9 a.m.
The 2014-2015 budget caps at nearly $730 million, a 2 percent increase from last year's budget. The mayor's office said new budget will not require any new taxes.
Nearly two-thirds of the proposed budget, or just over 62 percent, is budgeted for Knox County Schools. That's more than $4.5 million less than the school board wanted.
School officials said the extra funds would help provide teachers with a nearly two percent pay raise, but the mayor's office contends school officials knew the amount they would receive, and that Mayor Burchett would not support a tax increase for anything extra.
The mayor's office added they can allocate their funds however they wish if they want to provide teachers with a raise.
The 2014-2015 budget does not provide for county employee raises, but cutting jobs will not be necessary.
Along with the general purpose budget, Mayor Burchett's plan provide for more the $31 million for capitol improvements, such as building renovations and new projects. Nearly $15 million of that amount will go to Knox County Schools.