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  2. Memphis mayor proposes 75-cent property tax hike. Here ... - AOL

    www.aol.com/memphis-mayor-proposes-75-cent...

    Memphis Mayor Paul Young's first budget proposal also includes money for Memphis-Shelby County Schools and salary increases for city employees. Memphis mayor proposes 75-cent property tax hike ...

  3. Memphis Mayor Paul Young is seeking a property tax hike ... - AOL

    www.aol.com/memphis-mayor-paul-young-seeking...

    Memphis Mayor Paul Young announced that he would be seeking a property tax increase to account for a $30 million shortfall in the city budget. ... Brooke Muckerman covers Shelby County Government ...

  4. Memphis tax hikes: City Council passes three increases to ...

    www.aol.com/memphis-tax-hikes-city-council...

    Memphis City Councilmembers passed three tax increases Tuesday to balance the about $858 million fiscal year 2025 budget. The city property tax will increase by 18.2%, but that is lower than Mayor ...

  5. Property tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Property_tax_in_the_United...

    This tax may be imposed on real estate or personal property. The tax is nearly always computed as the fair market value of the property, multiplied by an assessment ratio, multiplied by a tax rate, and is generally an obligation of the owner of the property. Values are determined by local officials, and may be disputed by property owners.

  6. John A. Elkington - Wikipedia

    en.wikipedia.org/wiki/John_A._Elkington

    John Elkington's involvement with the redevelopment of historic Beale Street in downtown Memphis began in 1982. After decades of decline and an ill-conceived urban renewal program that left the formerly vibrant area desolate and the street lined with empty, crumbling buildings, John Elkington agreed to lead the development and management of the massive project.

  7. Mid-America Apartment Communities - Wikipedia

    en.wikipedia.org/wiki/Mid-America_Apartment...

    Mid-America Apartment Communities, Inc. (MAA) is a publicly traded real estate investment trust based in Memphis, Tennessee that invests in apartments in the Southeastern United States and the Southwestern United States. [1] As of December 31, 2020, the company owned 300 apartment communities containing 100,490 apartment units. [1]

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  9. Real estate transfer tax - Wikipedia

    en.wikipedia.org/wiki/Real_estate_transfer_tax

    Real estate transfer taxes have become controversial in some U.S. jurisdictions seeking to increase transfer taxes on higher end property sales to help combat issues like homelessness. 2022's Chicago's Bring Chicago Home initiative, seeks to increase transfer taxes on $1 million transactions by 253% or t o 2.65% or $26,500 per million dollar of ...