Well, for the first time since 1988 the property taxes are going up in Springfield Tennessee. The Board of Mayor and Alderman approved a six-cent increase at a special meeting on Tuesday, June 28, as city leaders adopted the annual budget. The vote followed an amendment by Springfield Alderman Shane Shoemaker, who called for the six cent increase, three of which would be put towards street paving. The increase passed after a vote of four to three. The first two of the three readings required for the budget and tax rate ordinance contained NO tax hike, though City Manager Paul Nutting had requested a .15 cent property tax increase.
Tuesday night’s votes in favor of the tax hike included ones from Mayor Billy Paul Carneal and Aldermen James Hubbard, Shoemaker and Willie Mason. Those who voted against the tax increase were Bruce Head, Anne Schneider and Jerome Ellis.
The property tax increase for the new fiscal year 2012, which begins July 1, 2011, is .89 cents per $100 of taxable assessed value.
If this is the first increase since 1988 does this mean we actually need an increase now or were the taxes in '88 completely out of whack? I personally haven't seen a line item budget for each department of the city government, but I can pretty much guarantee you I can find a way to cut spending in each one of them. Yes, it takes funds to make things happen, however some things also need to be changed to better utilize funds that are already available.
That's mytwo six cents.
Information used in this post was courtesy of The Robertson County Times via http://www.rctimes.com/
Tuesday night’s votes in favor of the tax hike included ones from Mayor Billy Paul Carneal and Aldermen James Hubbard, Shoemaker and Willie Mason. Those who voted against the tax increase were Bruce Head, Anne Schneider and Jerome Ellis.
The property tax increase for the new fiscal year 2012, which begins July 1, 2011, is .89 cents per $100 of taxable assessed value.
If this is the first increase since 1988 does this mean we actually need an increase now or were the taxes in '88 completely out of whack? I personally haven't seen a line item budget for each department of the city government, but I can pretty much guarantee you I can find a way to cut spending in each one of them. Yes, it takes funds to make things happen, however some things also need to be changed to better utilize funds that are already available.
That's my
Information used in this post was courtesy of The Robertson County Times via http://www.rctimes.com/
