On June 7, 2021, the Shelby County Commission voted 8 to 5 to move from a four-year to a two-year reappraisal cycle. Once the initiative was announced, many local mayors aggressively voiced their opposition, mobilizing quickly to block approval by the State Board of Equalization (BOE). The vote was delayed in August and finally decided on Wednesday, October 13, 2021 when the state BOE voted to uphold the current four-year cycle. Therefore, Shelby’s next revaluation will remain on schedule for the 2025 tax season.
Ryan’s local property tax experts are always available to assist with guidance on new acquisitions or revisiting your current portfolio. Please reach out to one of our jurisdictional specialists if you have any questions.
TECHNICAL INFORMATION CONTACTS:
Brad Wallace
Principal
Ryan
678.362.3596
brad.wallace@ryan.com
Adam Travis
Manager
Ryan
404.435.0024
adam.travis@ryan.com
The material presented in this communication is intended to provide general information only and should solely be seen as broad guidance and not directed to the particular facts or circumstances of any individual who may read this publication. No liability is accepted for acts or omissions taken in reliance upon the content of this piece. Before taking (or not taking) any action, readers should seek professional advice specific to their situation from Ryan, LLC or other tax professionals. For additional information about this topic, please contact us at info@ryan.com.
- Topics
- Brad Wallace
- Property Tax
- Tennessee