CLARKSVILLE, TN (CLARKSVILLE NOW) – After four previously failed attempts, the City Council approved the first reading of the FY 2026-27 budget on Monday with a proposed property tax rate of $1.02, which is a 10-cent increase from the previous year.
Conversations ranged from concerns about City debt issuance to funding the city’s proposed senior center.
How we got here
On June 11, the council rejected a proposed budget that would have included a 24-cent property tax increase (from 92 cents to $1.16 per $100 of assessed value), lowered from its initial 31-cent increase. That budget was rejected 2-11.
On June 18, even after making more than $697,000 in expense reductions, the council voted down the budget once again on a 5-8 vote. That budget set the property tax rate at $1.07, a 15-cent increase from the current rate…