BRENTWOOD, Tenn. – During its June 26 meeting, the Brentwood Board of Commissioners unanimously established the city’s new property tax rate for the upcoming fiscal year, and if you’ve lived in this community for the last three decades, the tax rate won’t be much of a surprise.
“This maintains the tax rate at 29 cents per $100 of assessed valuation, which is the same effective property tax rate for the 33rd year in a row,” Kirk Bednar, Brentwood City Manager, said.
This continued rate – one of the lowest in the state – will take effect on July 1.
“This is exciting that we’ve been able to hold that rate for that many years,” Brentwood Mayor Mark Gorman said.
During Monday’s meeting, the commission also unanimously approved the city’s $98 million budget for the 2023-24 fiscal year. The vote came after the city hosted three public hearings in May and June, allowing the community to comment on the budget.
To view the full city budget, visit https://www.brentwoodtn.gov/departments/finance/annual-budget.
During Monday’s meeting, Commissioners voted to allocate the budget’s educational funds as follows:
- $62,400 to Brentwood High School.
- $62,400 to Ravenwood High School.
- $15,600 to Brentwood Middle School.
- $15,600 to Sunset Middle School.
- $15,600 to Woodland Middle School.
- $10,400 to Jordan Elementary School.
- $10,400 to Lipscomb Elementary School.
- $10,400 to Scales Elementary School.
- $10,400 to Crockett Elementary School.
- $10,400 Edmondson Elementary School.
- $10,400 to Kenrose Elementary School.
- $10,400 to Sunset Elementary School.
The Commissioners also allocated:
- $50,000 to the Fifty Forward Martin Center.
- $63,000 to the YMCA.
- $21,000 to the Brentwood Ball Club.
- $18,000 to the Brentwood Blaze.
- $3,350 to the Mid-Cumberland Human Resource Agency.