Jun 04 Mayor’s Race 2019: Most Won’t Rule Out A Future Property Tax Increase
To many Metro observers, raising the property tax feels unavoidable at some point — that the city has left itself tight on cash by maintaining a rate that’s lower than Tennessee’s next three largest cities.
So most of the leading mayoral candidates are leaving the door open, carefully, to a future property tax increase.
“No one should say they will never raise taxes,” says At-Large Councilman John Cooper, “because you don’t know what the economy is. … But before you raise taxes, you do have to make people feel good about where their tax money is going right now.”
Cooper doesn’t think the public is very trusting at the moment.
His other instinct is to look for money elsewhere. He’d like Metro to benefit from the surplus that the Music City Center has, although there are legal questions about whether that’s possible.