Public Notice is hereby provided that the Thompson’s Station Board of Mayor and Aldermen will hold a Public Hearing and 2nd Reading on the following proposed Ordinance:
PROPOSED ORDINANCE 2025-009
An Ordinance of the Town of Thompson’s Station, Tennessee Adopting the Annual Budget and Tax Rate for the Fiscal Year Beginning July 1, 2025 and Ending June 30, 2026. santville Bridge Road - Applicant: Ryan Sutler
Public Notice is hereby provided that the Thompson’s Station Board of Mayor and Aldermen will hold a Public Hearing for Notice of Intent to Exceed Certified Tax Rate:
NOTICE OF INTENT TO EXCEED CERTIFIED TAX RATE
An Ordinance of the Town of Thompson’s Station, Tennessee Adopting the Annual Budget and Tax Rate for the Fiscal Year Beginning July 1, 2025, and Ending June 30, 2026. The Town’s intent to exceed the certified (tax neutral) property tax rate but maintain the approved budgeted rate. The certified tax rate as defined by T.C.A. §67-5-1701 is $0.0628 per $100 of assessed valuation. The Town’s proposed FY2026 budget, as adopted, will require a proposed tax levy of $0.103 per $100 of assessed valuation.