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Benton County supervisors outline why taxes can rise even as county levy falls Supervisors explained that rising assessed values and state assessment rules, not just the county levy, drive taxpayers’ bills; they described how rollback rules, homestead exemptions and state transfers of responsibilities affect local budgets and set a public hearing on published levies.

Benton County officials reveal how rising property assessments can lead to higher tax bills, even as the county's levy decreases—discover the surprising factors at play!

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#BentonCounty #IA #CommunityBudgeting #CitizenPortal #LocalGovernance #BentonCountyTaxes #TaxationPolicy

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Benton County asks Tennessee Legislature to return half of real estate transfer tax to counties At its Nov. 18 meeting the Benton County Board of Commissioners passed a resolution asking the 114th Tennessee General Assembly to allocate half of the $0.37-per-$100 real estate transfer tax to the county where it is collected, arguing local budgets are strained and that sharing the revenue would reduce pressure on property taxes.

Benton County officials are pushing for a groundbreaking change that could return half of the real estate transfer tax back to local communities, easing property tax burdens and boosting essential services.

Learn more here!

#BentonCounty #TN #LocalRevenueSharing #CitizenPortal #BentonCountyTaxes

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