Nashville Mayor Karl Dean
NASHVILLE, Tenn. (AP) -- Nashville Mayor Karl Dean has proposed a 53-cent property tax increase in his $1.71 billion budget proposal that would allow the city to add new teachers and give raises to most Metro workers.
Dean said during his State of the Metro Address on Tuesday morning that the tax increase would generate about $100 million in new annual revenue.
WTVF-TV reported homeowners would pay an extra $192 per year on a median home price of $145,400. Dean said it would allow the city to give 95 percent of Metro workers a 4 percent salary increase. He also proposed hiring 100 new teachers and adding two new non-traditional schools.