Assessor's Warning: Appraisal Ratio Threatens Financial Stability in Rutherford County, TN
RUTHERFORD COUNTY, TN - The Rutherford County Assessor's Office has publicly acknowledged the impact of the state-calculated appraisal ratio on the tax base and how the numbers could hinder the financial well-being of local residents. The State of Tennessee conducts these appraisal ratio studies to determine, among other items, the amount of tax relief available to qualifying applicants. Assessor of Property Rob Mitchell stated in an email to WGNS, “The state calculated appraisal ...