Knoxville Aldermen Table Street Light Taxation Ordinance

In an effort to increase revenue in the City of Knoxville, aldermen Monday were presented an option to raise the tax levy on their police, library and corporate tax funds.

According to City Attorney Rob McCoy, the levies on those funds could be raised without a referendum on the November ballot.

The idea is to use the money generated by the tax to help with the cost of street lights and Mayor Bob Johnson tells WGIL it would be a minimal rate increase of almost less than a dollar per household.

However, aldermen did not feel comfortable moving forward without letting the public know about the possible tax rate increase.

Alderman Kirk Heller also wanted to see a break down of how the tax rate increase would affect property taxes.

The matter was tabled for the time being.

Tags: , ,