Will property tax rate increase?
By Lesley Jenkins
star staff
ljenkins@starhq.com
Expect a property tax rate increase before
July 1. With two major capitol projects on the desk to consider,
Carter County commissioners will have a tough time keeping
the property tax rate at the current $2.22 per every $100
of assessed value for the tax year.
At the budget committee meeting on Thursday evening,
commissioners looked at numerous situations that could increase
the property tax rate to more than $2.69, and that figure
doesn't include the long-term solution for the overcrowded
Carter County Jail.
Of that increase, 18 cents would go to funding
the temporary jail solution - a modular facility and renovations
to the current jail to ease overcrowded conditions that resulted
in a class-action lawsuit.
Jason Cody, county finance director, also told
committee members that, in order to continue funding health
insurance coverage, retirement, a 3 percent raise for county
employees, as well as fund the Shore Up Fund for the jail,
and cover additional operating costs from the previous year,
an additional 17 cents could be tacked onto the tax rate.
These figures don't even include the added costs
of requested funds from outside agencies, like E911, volunteer
fire departments, the public library, Dawn of Hope, Parks
and Recreation, Red Cross, Holiday Lighting, the train, and
many more. These agencies will probably be the first line
items to be cut or completely denied.
Cody did inform committee members that if a litigation
tax is imposed, then 2 cents would be freed up on the tax
rate. The litigation tax would go towards paying a state-mandated
raise to the General Sessions Court Judge. A $25 fee would
be incurred in court costs if a person is found guilty.
Theoretically, a speeding ticket that once cost
$105 could cost $130 if the litigation tax is approved.
The capitol projects, a new jail and two new
schools might raise the tax rate to close to $3.00. Of course,
the amount the commission agrees to fund for the school project
or the new jail will effect how much the tax rate rises.
At press deadline, the committee had not made
any official decisions. Please look for an in-depth story
in Sunday's edition of the Elizabethton Star of the county's
budget meeting.