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Bristol council approves budget ordinance on first reading, sets tax rate at $1.87; public speakers warn of hardship

5071125 · June 24, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Bristol, Tennessee — At a called meeting in June, the Bristol, Tennessee City Council approved Ordinance 25-15 on first reading, a measure to adopt the fiscal year 2026 budget and set the city property tax rate at $1.87 per $100 of assessed value.

Bristol, Tennessee — At a called meeting in June, the Bristol, Tennessee City Council approved Ordinance 25-15 on first reading, a measure to adopt the fiscal year 2026 budget and set the city property tax rate at $1.87 per $100 of assessed value. Finance Director Holly Varon told the council the ordinance “incorporates the $1.87 as the tax rate and totals $154,626,310,” and said the package includes wage increases for police and fire and a 4.7% pay adjustment for other departments.

The ordinance matters because the tax-rate change is estimated to raise roughly $3.8 million in property tax revenue and, as presented, would leave the general fund about $1 million short by the end of fiscal year 2026 if no further changes are made. Councilmembers voted to place the ordinance on the July 8 regular meeting agenda for a required second reading and public hearing.

Council and staff framed the proposed increase as a response to rising personnel and equipment…

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