Property Tax & Fee Impact Calculator
Property Information
Tax Rates & Fees
Calculation Results
Assessed Value: | $0.00 |
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City Property Tax: | $0.00 |
County Property Tax: | $0.00 |
Total Property Tax: | $0.00 |
Baseline Tax (FY24): | $0.00 |
Annual Fee Increases: | $0.00 |
Property Tax Change: | $0.00 |
Total Annual Impact: | $0.00 |
Impact as % of Income: | 0.00% |
Additional Revenue Generated
City Revenue (Above FY24): | $0.00 |
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County Revenue (Above FY24): | $0.00 |
Total Additional Revenue: | $0.00 |
What could this revenue fund?
Each additional $5 million could fund significant community investments such as expanded library hours, additional park maintenance, affordable housing development, or enhanced community programs.
Reappraisal Impact Calculator FY25
Tennessee's Recertification Law: After a county-wide reappraisal, state law requires local governments to calculate a lower "recertified" tax rate that would generate the same total revenue as before, despite higher property values. Local officials can then vote to adopt a higher rate to generate new revenue.
Scenario | Annual Tax Bill | Change vs. FY24 |
---|---|---|
FY24 (Before Reappraisal) | $0.00 | - |
FY25 with Recertified Rate Revenue Neutral | $0.00 | $0.00 |
FY25 with Adopted Rate Current | $0.00 | $0.00 |
Difference: Adopted vs. Recertified | $0.00 |