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Tullahoma was founded in 1852 as a work camp along the new Nashville and Chattanooga Railroad.Its name is derived from the Choctaw language, and means "red rock".. An alternative explanation (see Sam Davis Elliott's Soldier of Tennessee and sources cited therein) of the name is that Peter Decherd, who donated the land for the railroad right-of-way (and was therefore given the right to name two ...
Each official is elected to a four-year term. With the exception of the tax assessor, the terms of most of the officials above will end on September 1, 2022. The tax assessor's term will end on September 1, 2020. The general sessions judge is elected to an eight-year term, and the clerk and master is appointed to a six-year term by the chancellor.
Composition of state and local tax revenues by sales taxes (brown), property taxes (white), licenses and other fees (grey), individual and corporate income taxes (green) in 2007. Determining the value of property is a critical aspect of property taxation, as such value determines the amount of tax due.
Rutherford County was formed in 1803 from parts of Davidson, Williamson and Wilson counties, [1] and named in honor of Griffith Rutherford (1721–1805). [7] Rutherford was a North Carolina colonial legislator and an American Revolutionary War general, who settled in Middle Tennessee after the Revolution.
Property taxes are levied by either state government or local civic bodies. Property tax or 'house tax' is a local tax on buildings, along with appurtenant land. It is imposed on the Possessor (not the custodian of property as per 1978, 44th amendment of the constitution). It resembles the US-type wealth tax and differs from the excise-type UK ...
The register's office also collects and accounts for all fees and taxes. The current register of deeds is Marc Gravitt. [21] The county trustee is elected to act as the county government's treasurer, collect county property taxes, account for money regularly, and invest temporarily idle county funds. The current county trustee is Bill Hullander.
The first $1,250 of individual income and $2,500 of joint income was exempt from this tax. [294] Property taxes are the primary source of revenue for local governments. [295] The state's sales and use tax rate for most items is 7%, the second-highest in the nation, along with Mississippi, Rhode Island, New Jersey, and Indiana.
Local sales taxes are collected in most jurisdictions at rates varying from 1.5% to 2.75%, bringing the total sales tax to between 8.5% and 9.75%, with an average rate of about 9.5%, the nation's highest average sales tax. [12] Intangible property tax is assessed on the shares of stock of stockholders of any loan, investment, insurance, or for ...
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