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Knoxville mayor proposes large property tax increase

KNOXVILLE (AP) — Knoxville’s new mayor proposed one of the largest property tax increases in the city’s history on Thursday.

Bill Haslam, who was elected Knoxville’s first new mayor in 16 years last September, said a 35-cent increase on the tax rate will help keep the city moving forward despite rising employee costs and a $10 million budget shortfall.

The increase means the average city homeowner would pay an extra $5 per month, he said.

Haslam’s budget proposal now goes before the city council for approval.

His budget includes new initiatives such as a 48-hour guarantee to repair potholes and a call center to take citizens’ requests and concerns.

Haslam, a first-time candidate, replaced Victor Ashe, who was prevented from running again after an unprecedented four terms as mayor of Tennessee’s third-largest city.
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Information from:
The Knoxville News Sentinel: http://www.knoxnews.com

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