Latest news with #InvestFranklin2.0
Yahoo
28-05-2025
- Business
- Yahoo
Property tax rate could rise in parts of Williamson County
WILLIAMSON COUNTY, Tenn. (WKRN) — Some Williamson County residents could see a higher property tax rate as leaders work on plans to fund growing communities. Nolensville has considered nearly doubling the property tax rate to keep up with population growth. Town manager Victor Lay told News 2 that the additional property tax income would help fund the community's growing needs for the next five years, with 56% going toward police and fire. PREVIOUS: Nolensville residents weigh in on town's proposed property tax rate hike 'We need additional police officers so that we can have them available when folks need to call,' Lay said. 'When they dial 911, they expect an officer to be on scene and to get there.' On Thursday, May 29, Nolensville's Board of Commissioners will host a special meeting at 6 p.m. to field comments from citizens and discuss adopting the annual budget and tax rate for the upcoming fiscal year. 'The data really shows that we need those employees now, and then if we continue to grow like we're expecting to grow, then we're going to need more [employees] in order to meet those needs,' Lay added. However, Nolensville is not the only community in Williamson County that could see a property tax rate increase. Franklin has also considered raising their property tax rate by about 8.9 cents per $100 of assessed valuation to fund their 'Invest Franklin 2.0' initiative. RELATED: City of Franklin's proposed budget focuses on infrastructure, includes water and sewer rate increases Franklin City Administrator Eric Stuckey told News 2 that if the tax rate passes, about 70% of the money would go towards investing in roads and transportation with the rest going to public safety. 'Specifically in this budget, we propose adding three additional police officers, three additional on-shift firefighters and a victim counselor that will work out of our police department,' Stuckey said. 'So of the eight positions that are added in the proposed budget, seven of them are directly related to our public safety services.' Franklin leaders have started discussing the proposed budget for the upcoming fiscal year at their Tuesday night Board of Mayor & Aldermen meeting. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
14-05-2025
- Business
- Yahoo
City of Franklin's proposed budget focuses on infrastructure, includes water and sewer rate increases
FRANKLIN, Tenn. (WKRN) — Franklin's budget for the 2025-2026 fiscal year includes a highly-anticipated road widening project. The proposed budget includes an update to the city's 'Invest Franklin 2.0' initiative. As part of the initiative, the City of Franklin is partnering with the Tennessee Department of Transportation to expand Mack Hatcher Southeast — from Murfreesboro Road to Columbia — and Mack Hatcher Northwest — from Hillsboro Road to New Highway 96 — from two to four lanes. RELATED: Franklin State of the City address highlights road widening project, resources for crime victims TDOT leaders told News 2 they were looking forward to collaborating with Franklin leaders on the project, both to increase the quality of life for citizens and for the city's tourists. As part of the proposed budget, water and sewer rates would increase by 6% and 5% respectively starting on January 1, 2026. Do you have news happening in your neighborhood? Let us know by sending an email to neighborhoodnews@ Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
