The Roane County Budget Committee has held multiple meetings over the past month and is nearing completion of this year’s budget. Due to a five-year property reappraisal cycle, property values have risen 80-100%, allowing for a lower tax rate.

Most departments have submitted and finalized their budget requests, but the committee awaits the County Board of Education’s budget, expected to be approved in a special session this afternoon and presented to the County Commission in May.

The certified tax rate, currently $2.40 per $100 of assessed value, may drop to around $1.50 to offset increased property values, aiming for revenue neutrality. The County Commission is expected to approve the budget next month.