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Knox County approves move to two‑year property reappraisal cycle
Summary
Knox County commissioners approved a resolution to shift property reappraisals from a four‑year cycle to a two‑year cycle, a change state Comptroller Jason Mumpower said will better equalize assessments in a fast‑moving market.
Knox County commissioners voted Feb. 24 to move the county’s property reappraisal cycle from four years to two years. The change, approved by motion of Commissioner Durrett and seconded by Commissioner Hill, was presented as a measure to keep assessed values current and fair for homeowners, agricultural landowners and municipalities within the county.
Jason Mumpower, comptroller of the treasury for the state of Tennessee, addressed the commission in support of the change, saying a shorter reappraisal cycle helps equalize tax burden amid a dynamic property market. "Putting a finer point on it, I know that Knox County is a place people want to be," Mumpower said, commending the county and noting similar moves elsewhere in the state.
Commissioners did not request extended technical detail during the presentation; Mumpower said county assessment staff and the comptroller’s property-assessments division are available to assist with implementation. The resolution directs the county assessor to transition assessment practices to the new schedule to update and equalize property values used for tax assessment.
The change is framed by supporters as benefiting taxpayers and improving budget forecasting; the commission did not identify a separate local funding requirement tied to the transition. The commission approved the resolution without recorded opposition.
Next steps: county staff will coordinate operational details with the assessor’s office and the state property-assessments division to implement the two‑year reappraisal schedule.
