As budgets for the operation of Sumner County government and schools are set to be approved by the Board of County Commissioners at the regularly scheduled monthly meeting on Monday, June 17, the proposed spending plan will require an increase in the property tax rate. While the amount of the property tax increase has not yet been established, it is clear through discussions by several of the County Commissioners as well as the County Finance Director that an increase is imminent. A property tax increase would be the second for Sumner County in less than five years, with the last set into place in November of 2014. Both times, the property tax increases coincided with a property reappraisal which happens every five years in Sumner County. All of Tennessee’s 95 counties are on a four-, five-, or six-year reappraisal cycle. Upon the completion of the appraisal of all properties in a county, no matter the length of the reappraisal cycle, the county’s Assessor of Property determines and certifies a property tax rate that provides the same revenue for the County as was levied during the previous year. This is otherwise known as a certified tax rate (CTR) or revenue-neutral…
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