Crossville will raise its property tax rate to assist the city in completing capital projects in the upcoming fiscal year. City Manager Greg Wood said the general fund budget is currently $19.6 million with projected revenues of $20.1 million. Wood said the property tax rate will go up 15 cents. “We were looking at a tax hike last year, but ... Read More »
Tag Archives: Property Tax Rates
Overton’s Reappraisal On Schedule
Overton County property owners should receive their updated property tax rate later this month. The County Board of Equalization held their first meeting Monday. Assessor of Property Cara Boone said the board will continue until June 12. “Every five years the state comes in to bring in new values,” Boone said. “You are supposed to pay taxes on what is ... Read More »