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How Much Would a Proposed Metro Property Tax Increase Impact You?

Posted: 5:44 PM, Jun 19, 2018
Updated: 2018-06-20 00:19:37Z

Under a proposal the Metro Council will be debating Tuesday, the Metro Property tax rate could increase by 49 or 50 cents, depending on what part of the county a home is located in.

The proposal would help fully fund Metro Schools, as well as fulfill a raise for city workers – both things that Mayor Briley’s current proposed budget does not include.

For a home assessed at $250,000, property taxes would increase by $312.50 per year for homes in the Urban Services District – much of the central part of Davidson county, including downtown, Green Hills, East Nashville, Madison, Donelson and Antioch.

A $250,000 home elsewhere in Davidson county – in places like Hermitage, Old Hickory and Bellevue – would fall in the General Services District, and would pay an additional $306.25 per year in property taxes.

The new General Services District tax rate would increase from $2.755 to  $3.245 per $100 of assessed value, and the new Urban Services District tax rate would increase from $3.155 to $3.655 per $100 of assessed values.Here is a link to help you calculate how much extra you would pay in property taxes, under the tax increase proposal.