Tennessee Record
Knoxville
Critical PriorityBudgetopen

Certified Property Tax Rate Adjustment

Summary

Council approved the city's annual budget and property tax rate, providing raises for municipal workers and first responders while funding affordable housing and infrastructure.

At a glance

Total mentions
6
Last 30 days
2

Discussed at 2 meetings in the last 60 days; most recently Oct 27, 2026.

Impact analysis

๐Ÿ’ฐFinancial impact

Allocates city operating funds and maintains the property tax rate at $2.1556 per $100 of assessed valuation.

โœ…Who benefits

City residents, municipal employees receiving pay raises, and first responders.

โš ๏ธWho could be affected

Null

Mentions & discussions (6)

MeetingOct 27, 2026

City Council (Regular) - Oct 27, 2026

The city is proposing budget amendments to fund energy efficiency upgrades, ADA accessibility at boat launches and convention centers, and building repairs.

WATE 6 - Local NewsOct 15, 2026

Knoxville home values vs property taxes: Which grew faster? Here's what data shows

KNOXVILLE, Tenn. (WATE) โ€” Home value growth in the Knoxville metro outpaced property tax growth by a higher rate than nearly all of the 100 largest cities in the United States, according to census data analyzed by Consumer Affairs. In 2022, the media...

WATE 6 On Your SideSep 16, 2026

City of Knoxville reduces property tax rate โ€” Will your bill change?

City of Knoxville reduces property tax rate โ€” Will your bill change? WATE 6 On Your Side

MeetingSep 15, 2026approved

City Council (Regular) - Sep 15, 2026

City Council adjusted the property tax rate down to $1.3956 per $100 of assessed value to keep city revenue neutral following county-wide property reappraisals.

MeetingMay 26, 2026approved

City Council (Regular) - May 26, 2026

Council approved the city's annual budget and property tax rate, providing raises for municipal workers and first responders while funding affordable housing and infrastructure.

MeetingApr 28, 2026

City Council (Regular) - Apr 28, 2026

The city council considered the proposed annual municipal budget and property tax levy for the upcoming fiscal year, maintaining a tax rate of $2.1556 while funding core services, public safety, and infrastructure.

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