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Bedford County official: proposed 2% state property-tax cap could hamstring local services
Summary
An unnamed Bedford County official warned that a proposed state cap on property-tax increases (about 2% per year) could limit the county's ability to respond to rising costs, affect bonds, schools and highways, and urged local study and caution before supporting such legislation.
An unnamed Bedford County official cautioned county colleagues that a proposed state limit to cap property-tax increases at about 2% per year would constrain local finances and could have long-term consequences for bonds, highways and schools.
The official (identified in the transcript as Speaker 2) framed the issue as a recurring legislative effort in Nashville and said, "Don't believe what Chad says, go do your own homework," urging the committee to study proposed…
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