Tax Hike Proposed for Chattanooga
UPDATE: 10:45 PM
Some say the tax increase comes at a time where city workers are asking for a pay increase.
Councilman Andre McGary says the numbers are just preliminary, but he hopes the council can vote a moderate increase that would help fund city-run programs and agencies like public safety.
The Mayor's budget would call for a 4 percent pay increase for city employee's and the budget will be finalized during the first week of June.
CHATTANOOGA (WRCB) -- Chattanooga city leaders want the first property tax increase for the city in nine years.
The 64-cent hike would fund:
- 40 additional police officers
- 15 more civilians in the police department
- 26 additional fire fighters
- restore hours of operation at center recreation centers
- provide development for a Hixson recreation center
Overall the increase would bring 128 additional positions at a cost of $7.3 million
The hike would raise the property tax rate to $2.579 per $100 of assessed valuation, bringing revenue to $198.6 million.