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Wilson County adopts 2024-25 budget and approves a small rise in 2024 property tax rate
Summary
Commissioners adopted the county—udget for fiscal 2024-25 and voted to set the 2024 property tax rate at 0.414748, a 0.001615 increase from 2023. The court also approved a county minimum starting wage increase included in the budget and ratified the tax levy rise required by state procedure.
Wilson County commissioners adopted the fiscal 2024-25 budget and approved a modest increase to the 2024 property tax rate during their morning court session.
A county official read the public hearing notice explaining that the county—urrent total tax rate is 0.413133 and the proposed total rate for 2024 is 0.414748, a difference of 0.001615. The notice said the average homestead taxable value rose from about $270,015 in 2023 to $301,368 in 2024 (an 11.61% increase), and estimated the tax on an average homestead would rise from $1,116 to $1,250, an increase of about…
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