Council votes to raise property taxes in Nashville

NASHVILLE, Tenn. (AP) -- The Metro Council voted to raise property taxes in Nashville for the first time in seven years to fund a $1.71 billion operating budget for the city.

The Tennessean reported that while there was significant opposition to the tax hike, the council voted 32-8 on Tuesday night in favor of raising taxes by 53 cents per $100 of assessed value for the urban district and 48 cents in the more suburban areas.

The increases will generate $100 million in new revenue, including $8.6 million that will go into reserves. Part of the funds will be used to increase the starting salary for Metro teachers.

Mayor Karl Dean said the budget "supports our priorities of schools and public safety and looks to Nashville's future by strengthening the city's debt service reserves."


Join the Conversation!

To comment, the following rules must be followed:

  • No Obscenity, Profanity, Vulgarity, Racism or Violent Descriptions
  • No Negative Community Comparisons
  • No Fighting, Name-calling, or Personal Attacks
  • Multiple Accounts are Not Allowed
  • Stay on Story Topic

Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.

Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Links require admin approval before posting.
Questions may be sent to webmaster@wvlt-tv.com. Please provide detailed information.

powered by Disqus

WVLT VOLUNTEER TV

6450 Papermill Drive Knoxville, TN 37919 Phone - (865) 450-8888; Fax - (865) 450-8869
Gray Television, Inc. - Copyright © 2014 WVLT-TV Inc. - Designed by Gray Digital Media - Powered by Clickability 159785865