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City Council budget committee Chairman Worth Morgan said on The Daily Memphian Politics Podcast that the drop of the city property tax rate below $3 as appraised values have increased could set the stage for a tax rate hike. His comments come ahead of a Saturday, May 1, budget retreat by council members.
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City Council budget committee Chairman Worth Morgan said on The Daily Memphian Politics Podcast that the drop of the city property tax rate below $3 as appraised values have increased could set the stage for a tax rate hike. His comments come ahead of a Saturday, May 1, budget retreat by council members.