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Collierville aldermen approve $1.62 municipal tax rate for fiscal 2025-26
Summary
The Collierville Board of Mayor and Aldermen voted to adopt an ordinance setting the town's municipal property tax rate at $1.62 per $100 assessed value for fiscal year 2025-26 after a public hearing; a resident questioned notice and timing given new development.
Collierville's Board of Mayor and Aldermen approved Ordinance 2025-O5 on a roll-call vote to set the town's municipal property tax rate for fiscal year 2025-26 at $1.62 per $100 of assessed value.
The measure passed by a recorded vote of five in favor, with Hall, Jordan, Marshall, Robbins and Mayor Frasier voting yes. The ordinance was considered on second reading and followed a required public hearing.
Town finance staff said…
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