Crossville Chronicle, Crossville, TN

Area News

June 23, 2012

City calls meeting to discuss certified tax rate

CROSSVILLE — The Crossville City Council has set a special called meeting for Monday afternoon June 26 at 3:30 p.m. at Crossville City Hall to discuss the certified tax rate.

The certified tax rate calculated by the state dropped slightly as expected and discussed at the council’s meeting earlier this month. The certified tax rate for the city is calculated at 53 cents, down two cents from last year’s tax rate due to the increase in value of commercial property in the county wide reappraisal. 

There is some support on the council for the possibility of setting that tax rate at the current 55 cent rate in order to generate some additional revenue to the city.  The change would require an additional public hearing on the tax rate for public comment and is essentially a two cent tax increase. 

The Chronicle continues to request a copy of the budget for the 2012-13 fiscal year but has yet to receive a full copy of the proposed budget. The budget has passed two readings in title only and one reading is still required for final approval. That approval is expected soon and could come at another called meeting or the July 10 regular council meeting.

Other items on the called meeting agenda include an authorization to go ahead with the change to a biweekly payroll that was approved for the new budget but since the new budget has not yet been completely approved a separate authorization is needed. 

The council will also consider an annexation request on Short Road and third readings of an ordinance approving a contract with ECE Services and a budget amendment for Satsuma Engineering. 

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Area News
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