1:46:36
Yeah, I think information on the projected impact on tax revenue, property tax revenue for the county, trying to make a decision on that policy without that information would be really difficult.
18:21
15 seconds. Choosing a buyer that will place the hospital into a property tax exempt status forever in the face of our challenges is just really fiscally irresponsible.
12:02
And you know one statement's got to be false. Another thing we talked I heard people talk about having to raise property taxes because there's so many people moving in we need more money for the the schools for the kids that are coming in.
30:23
In a time where we're looking at having to raise property taxes, we already have a wheel tax up for referendum. It would, you would think it would behoove an elected official to try to save the county as much money as he can…
39:58
And would, would our current property tax rate applied to the hypothetical— I realize it's all hypothetical, but— Actually— Would it be enough to generate— because I'll finish.
39:44
80% of your property tax that you've paid goes toward school construction. Only 20% of it go toward fun. So everybody's part of building schools whether you're in the city or in the county.
1:34:17
…sponsor Timbs. This is an ordinance authorizing the rounding of Advalorum Property Tax and Central Business Improvement District Special Assessment amounts to the nearest dollar.
27:54
While the the goal is kind of remain revenue neutral, that's where State Board Equalization comes back at this rate. If we were to adopt that recommended rate, that equalize tax rate, that would be about a 3-cent tax increase that Kingsport-Sullivan taxpayers would…
52:19
Last year, the, the tax rate increased to, to cover costs for service, and I think it's important for us to to make sure that we're evaluating that.
1:06:36
Let's be clear, when we're using tif financing for a certain period of time, those property taxes are used for the development and the rest of us have to pay for that.
32:27
In which you cannot— it can't be tied to property taxes. It's got to be tied to your interest revenue. And thankfully for us, our interest revenue this past year was $6.5 million.
9:19
Yeah, this is the property tax ordinance which we do every year. This year was a reappraisal year. So, because obvious assessed values have increased significantly, we have to decrease our mill what's called millage rate down…