The Chattanooga City Council met Tuesday evening to hear how lawmakers plan to use taxpayer money in the next year. (Image: WTVC)
The Chattanooga City Council met Tuesday evening to hear how lawmakers plan to use taxpayer money in the next year.
Chattanooga's Chief Financial Officer and the Chief Operating Officer presented the proposal.
The budget calls for a tax rate of $2.277 per $100.00, 3 cents less than last year's tax rate of $2.309.
The proposal states that if a homeowner's house has retained its value since last year, their property tax will be less in 2018.
In addition, Mayor Andy Berke has included a Senior Tax Freeze in the budget proposal, which will permanently freeze taxes for all seniors who qualify.
The budget calls for an increase in pension funding for police and the fire department, investment in East Lake park, and a new installation honoring the Fallen Five at the Riverpark.
Overall, the budget calls for a mandatory $16.4 million increase in mandatory expenses without new programs, service expansion, or added positions.
You can read the budget proposal highlights below:
You can read the entire 398-page ...