Nashville-Davidson

Proposed $650 million budget could mean higher tax rate for Williamson County – Nashville-Davidson, Tennessee

Nashville-Davidson, Tennessee 2021-07-09 21:13:23 –

Franklin, TN (WTVF) —Williamson County Commissioner will vote for a new vote on Monday. budget.. If passed, taxpayers will have a $ .13 increase in property tax.

“Like everything we do, whether it’s grocery purchases or car or home purchases, the situation is rising and it’s the same here,” said Mayor Rogers Anderson.

More growth means more money needed-something the county is asking taxpayers for help.

“It’s important to understand that the value of Williamson County has increased by a total of about 32% since the last assessment,” Anderson said.

As part of the proposed $ 650,431,207 budget for 2021-22, the commissioner will vote to raise the county’s certified tax rate by about 13 cents ($ 0.1274 to be exact) from $ 1.7526 to $ 1.88.

Anderson said, “Part 3 Penny actually goes directly to the school’s management side. The rest goes to the mayor. Go to what we need to have. Future numbers. Look down the road for the year. ”This includes infrastructure and employee salaries. This money will also be useful for future projects such as new prisons and juvenile training schools.

“To keep up with the ongoing growth here in Williamson County, on average over the last decade, about 5,000 people come to the county each year,” Anderson said.

He knows that raising taxes is not an easy sale, but he believes it is the only way to meet the needs of a growing community. “This is necessary if we continue to function and have quality of life issues that people have learned to expect and demand in our county.”

If approved, the funds will be split into several different government funds, including schools, solid waste and sanitation, and the county’s general financial resources. The $ 1.88 tax rate is allocated as follows:

  • $ .38 will be sent to the County General Fund
  • $ .05 will be sent to the Solid Waste / Sanitation Fund
  • $ 1.09 will be sent to the General School Fund
  • $ .22 will be sent to the General Debt Repayment Fund
  • $ .14 will be sent to the Local Debt Services Fund



Proposed $650 million budget could mean higher tax rate for Williamson County Source link Proposed $650 million budget could mean higher tax rate for Williamson County

Back to top button