Germantown City Council approves 2025 property tax rate of $1.79 per $100 assessed value

During the Germantown Board of Mayor and Aldermen meeting on June 9, 2025, a significant discussion centered around the city's budget and the proposed property tax rate. City leaders emphasized their commitment to providing high-quality services to residents, acknowledging that these services come at a cost.

Alderman Sanders highlighted the challenges of raising taxes, noting that many residents, particularly those on fixed incomes, are concerned about the financial implications. Despite these concerns, he stressed the necessity of the proposed tax increase to maintain essential services. The new certified property tax rate is set at $1.79 per $100 of assessed value, reflecting adjustments due to Shelby County's recent property reappraisal.

Budget and Finance Director Adrienne Royals presented the tax rate, explaining that it includes a rollback rate to accommodate the increase in assessed values. The board unanimously approved the budget, which will move to a final reading on June 23.

The meeting underscored the balance city officials must strike between fiscal responsibility and meeting the expectations of Germantown residents. As the city prepares for the upcoming fiscal year, leaders remain committed to running efficient operations while addressing the community's needs.