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Nashville would see 32% property tax hike, deep cuts under Mayor John Cooper's budget
Nashville TennesseanView CommentsNashville Mayor John Cooper's first budget proposal reflected a city pushed to the brink.Cooper on Tuesday pressed for a 31.7% property tax hike and deep cuts that he said represent “the greatest financial challenge" the city has seen in a lifetime."This is a crisis budget," Cooper said, laying out a sobering outlook for the city's financial future.Long-simmering economic imbalances have been exacerbated by a deadly tornado and COVID-19, unexpected crises that torpedoed critical revenue sources. The mayor's office delayed his budget...…Nashville TennesseanView CommentsNashville Mayor John Cooper's first budget proposal reflected a city pushed to the brink.Cooper on Tuesday pressed for a 31.7% property tax hike and deep cuts that he said represent “the greatest financial challenge" the city has seen in a lifetime."This is a crisis budget," Cooper said, laying out a sobering outlook for the city's financial future.Long-simmering economic imbalances have been exacerbated by a deadly tornado and COVID-19, unexpected crises that torpedoed critical revenue sources. The mayor's office delayed his budget...WW…
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