Metro Council OKs budget with property tax hike - WSMV News 4

Metro Council OKs budget with property tax hike

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Davidson County taxpayers can expect their property tax rates to go up after the Metro Council voted Tuesday to approve a budget for the next fiscal year.

The council approved a plan that includes a 53-cent property tax increase, which was submitted by Councilman Sean McGuire and approved Monday by the budget committee.

McGuire's plan kept the 53-cent property tax increase first proposed in Mayor Karl Dean's budget plan, but it also cuts $9 million and puts that money into reserves.

Dean released a statement late Tuesday:

"The budget approved by the Metro Council supports our priorities of schools and public safety and looks to Nashville's future by strengthening the city's debt service reserves. I appreciate the Council's thoughtful input and support to make the necessary investments to keep our city moving forward."

Council Robert Duvall said he wasn't pleased with the budget approval. 

"If we don't stop the spending now, we're headed toward a train wreck as we go forward.  We've got much, much more spending planned in the near future.  Our debt goes up considerably each year as we go forward.  When does it stop?" said Duvall.

The average Davidson County homeowner can now expect to pay about $190 more each in property taxes.  

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