On June 7, 2021, the Shelby County Commission voted eight to five to move from a four-year to a two-year reappraisal cycle. While the vote still must be approved by the Tennessee Comptroller, all signs are pointing to the county being the first in the state to move to a biennial revaluation. Shelby County Assessor Melvin Burgess believes this change will help property owners recover from the pandemic while also allowing the county to maximize revenue projections from the property tax levy.
Ryan’s local property tax experts are available to navigate the new reappraisal cycle. We can 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
404.942.6346
brad.wallace@ryan.com
Chris Langston
Manager
Ryan
404.942.6341
chris.langston@ryan.com
Adam Travis
Manager
Ryan
404.365.0922
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