Mayor Karl Dean has proposed raising the property tax by 53 cents to fund his proposed $1.71 billion budget for the upcoming fiscal year. That increase would raise the tax rate to $4.66 per $100 of assessed value and would generate approximately $100 million. Dean said the average homeowner would pay about $200 a year more in property taxes.
Below were live tweets from Nashville's esteemed press corp as they happened .
The mayor is delivering his State of Metro address.
John Dunn @WZTVJohnDunn tweets, "Mayor is proposing to raise starting salary for Metro school teachers to $40,000 (currently 35k)."
Michael Cass @tnmetro tweets, "Dean says city has faced some of most difficult possible economic and natural circumstances but is growing #stateofmetro"
Joey Garrison @joeygarrison: Dean says it's no secret he's using this speech to discuss budget. He says it's a choice between keeping city strong or falling backwards
Michael Cass @tnmetro: "If the recession wasn't enough," city had to recover from $2B in flood damage, mayor says
Joey Garrison
MIchael Cass: "Dean says city chose not to raise taxes when hurting in 2010, "but we weren't in the clear yet"
Joey Garrison @joeygarrison "We are a more efficient, more streamlined government than we were in 2007," Dean says.
Joey Garrison @joeygarrison
Though he hasn't gotten to this in speech, Dean's budget would almost fully-fund schools, coming $2.5M short of Register's $49.8M request.
Michael Cass @tnmetro
Mayor: City has collected $11.4 million more than expected to build Music City Center from tourism taxes.
Michael Cass @tnmetro
Now talking up changes to schools, like Teach for America, free afterschool program for at-risk students, attendance ctr.
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