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- MEMPHIS, Tenn. — Memphis Mayor Paul Young says he plans to ask for a tax increase when he presents the city’s budget to the City Council, saying it’s time to invest in the city’s future.
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May 2, 2024 · When you add a potentially higher tax bill following reappraisal, the $25 increase in the wheel tax by county government, a 12% in the MLGW rate approved by City Council, and 19.8% inflation in the past five years, it’s easy to understand the default opposition to a City of Memphis tax increase.
May 3, 2024 · Updated: 10:42 PM CDT May 3, 2024. MEMPHIS, Tenn. — A proposed 75-cent tax increase has Memphians questioning whether tax dollars are being used efficiently. Mayor of Memphis, Paul Young,...
Apr 24, 2024 · Here's how much more you would pay on taxes if Young gets the 75-cent increase: $188 more for homes that are $100,000, which will be $15.66 a month. $375 for a $200,000 house, resulting in...
Memphis Mayor Paul Young proposed a 75-cent increase in the city's property tax rate based on home value during ... The current property tax rate for Memphis residents is $2.70. ... an ask first ...
Apr 24, 2024 · “So we have two options. We can cut programs, services, and people, or we can raise taxes,” Young told the council on Tuesday. This would be approximately a 28 percent tax increase.
- Kayla Solomon
Apr 16, 2024 · MEMPHIS, Tenn. - Memphis Mayor Paul Young held a 100 Days in Office Ceremony at Mt. Vernon Baptist Church in Westwood on Tuesday. In it he made one major announcement. "When I go to City Council...
Apr 23, 2024 · MEMPHIS, Tenn. — Mayor Paul Young proposed a 75-cent increase in city property taxes in his first budget presentation to the Memphis City Council on Tuesday. The 75-cent property tax increase would...