Nashville to price about $502 million in midst of growth

By: Robert Slavin

Excerpt from the article:

(March 19, 2026) The government's finances also benefit from increases in property tax revenues in the current fiscal year following a countywide reassessment. In June the government set a tax rate resulting in 26% higher revenue from urban properties in the current fiscal year, after keeping the amount fixed for five years. Revenue from the suburban part of the county increased 39%. 

The changes followed a 45% rise in median property values. A full reappraisal is done every four years. Property tax rates were lowered but placed substantially above a revenue neutral level. 

"The 26% hike for [urban] residents is not terrible when taken into a six-year time frame – 3.93% compounded," said John Mousseau, executive vice president and chief investment officer at Cumberland Advisors. 

"Applying the same math to the county residents is 5.64%, a significant difference relative to the city," Mousseau said. "The assessed rate vs. property values declined but it's still a big nominal hit. In our opinion, it's coming in the rearview mirror."

Click here to read the full article on the Bond Buyer website. 

John R. Mousseau, CFA
Chief Investment Officer
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