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Williamson County adopts three-year reappraisal plan; assessor reports 52% overall taxable increase
Summary
The county commission approved a move to a three-year reappraisal cycle and heard an update from Assessor Brad Coleman showing a 52% overall increase in taxable property values and a proposed certified tax rate just under $1.25.
FRANKLIN, Tenn. — Williamson County on Tuesday approved a resolution to move its property reappraisal schedule from four years to three and heard a presentation from Assessor Brad Coleman detailing this year’s valuation results.
Coleman told the County Commission the county’s certified tax rate will be based on an overall taxable value increase of 52 percent and that residential properties rose about 62 percent. “Where we have landed overall, for taxable property in Williamson County is 52%,” Coleman said. He added the proposed certified tax rate sent to the State Board of Equalization is “just shy of a dollar 25,” identifying a preliminary figure of $1.2483.
The commission’s vote on Resolution 5 25 31 authorized the continuous three-year reappraisal plan. Commissioner Megan Duffy moved the resolution; Commissioner Judy Herbert seconded. The motion passed 17 yes, 6 no.
Why it matters: county reappraisals set market values used to calculate the certified (revenue-neutral) tax rate; changes in the reappraisal cycle can reduce the size of periodic adjustments and the so-called sales-ratio effects state reviewers apply. Coleman said the shorter cycle aims to reduce value swings and the impact of the sales-ratio adjustment that produced large apparent discounts in prior years.
What Coleman said about appeals and taxpayer questions: postcards announcing new values were mailed and residents may call separate residential or commercial lines to speak with one of the assessor’s appraisers for a review. Coleman described the typical contact as largely educational and said final tax bills will depend both on the new assessed values and the county’s adopted tax rate. He noted that the county has three tax-relief programs administered by the trustee’s office for seniors and low-income residents, including a tax freeze for qualifying households.
Commissioners raised concerns about administrative burden and taxpayer shock. Commissioner Matt Williams said a three-year cadence could require the commission to confront reappraisals twice within a single term; others asked for more public education. Coleman described the sales-ratio mechanism as the reason for previous revenue impacts and said the reappraisal will reflect current market values.
Next steps: Coleman said he expected formal certification from the State Board of Equalization within 48 hours and that the county will proceed with the reappraisal timeline approved by the commission.
