{"id":510,"date":"2025-08-11T19:21:18","date_gmt":"2025-08-11T19:21:18","guid":{"rendered":"https:\/\/blogarchive.utc.edu\/crer\/?p=510"},"modified":"2025-10-15T19:29:20","modified_gmt":"2025-10-15T19:29:20","slug":"8-11-25-chattanooga-officials-seek-budget-solutions-to-fund-18m-raises","status":"publish","type":"post","link":"https:\/\/blogarchive.utc.edu\/crer\/2025\/08\/11\/8-11-25-chattanooga-officials-seek-budget-solutions-to-fund-18m-raises\/","title":{"rendered":"8\/11\/25: Chattanooga Officials Seek Budget Solutions to Fund $18M Raises"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"634\" height=\"348\" src=\"https:\/\/blogarchive.utc.edu\/crer\/files\/2025\/10\/35182f4a-b4bd-4384-a41d-b8b992a3f715-FilephotosWTVCCPD.webp\" alt=\"\" class=\"wp-image-511\" style=\"width:439px;height:auto\" srcset=\"https:\/\/blogarchive.utc.edu\/crer\/files\/2025\/10\/35182f4a-b4bd-4384-a41d-b8b992a3f715-FilephotosWTVCCPD.webp 634w, https:\/\/blogarchive.utc.edu\/crer\/files\/2025\/10\/35182f4a-b4bd-4384-a41d-b8b992a3f715-FilephotosWTVCCPD-580x318.webp 580w, https:\/\/blogarchive.utc.edu\/crer\/files\/2025\/10\/35182f4a-b4bd-4384-a41d-b8b992a3f715-FilephotosWTVCCPD-610x335.webp 610w\" sizes=\"auto, (max-width: 634px) 100vw, 634px\" \/><\/figure><\/div>\n\n\n<p>News Channel 9 had a story on the ongoing debate about the new city property tax rate and funding raises for police and firefighters. <a href=\"https:\/\/www.utc.edu\/gary-w-rollins-college-of-business\/crer\/people#HowardJWallDirectorandChiefEconomist\">CRER director and chief economist Howard Wall <\/a>had this to say:<\/p>\n\n\n\n<p><em>UTC economist Howard Wall says part of what&#8217;s complicating the budget is rising property values.<br>&#8220;The tax rate is automatically lowered if, like in Chattanooga, the property values went up quite a lot.&#8221;<br>Tennessee is one of nine states with certified tax rates &#8211; meaning cities can&#8217;t automatically collect more because property values rise.<br>&#8220;It&#8217;s not really a tax increase, because we know some of it&#8217;s going to happen, and we had it higher, and it&#8217;s really just deciding what you want your tax rate to be.&#8221;<br>Wall says it all comes down to balancing priorities like funding police while managing what residents pay.<br>If you don&#8217;t fund police, how much will that affect you? Or if you don&#8217;t keep up with inflation, how much will that affect you? So it&#8217;s an interesting problem where you have to balance the spending and the taxing, and decide what it is you want to do.&#8221;<\/em><\/p>\n\n\n\n<p><a href=\"https:\/\/newschannel9.com\/news\/local\/chattanooga-officials-seek-budget-solutions-to-fund-18m-raises-for-police-firefighters#\">Watch the story here.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>News Channel 9 had a story on the ongoing debate about the new city property tax rate and funding raises for police and firefighters. CRER director and chief economist Howard Wall had this to say: UTC economist Howard Wall says part of what&#8217;s complicating the budget is rising property values.&#8220;The tax rate is automatically lowered&hellip; <\/p>\n<p class=\"more-link-wrap\"><span><a class=\"more-link button text\" href=\"https:\/\/blogarchive.utc.edu\/crer\/2025\/08\/11\/8-11-25-chattanooga-officials-seek-budget-solutions-to-fund-18m-raises\/\"><span>Continue Reading <\/span><\/a><\/span><\/p>\n","protected":false},"author":2009,"featured_media":511,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-510","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-media","8":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>8\/11\/25: Chattanooga Officials Seek Budget Solutions to Fund $18M Raises - Center for Regional Economic Research Archive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blogarchive.utc.edu\/crer\/2025\/08\/11\/8-11-25-chattanooga-officials-seek-budget-solutions-to-fund-18m-raises\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"8\/11\/25: Chattanooga Officials Seek Budget Solutions to Fund $18M Raises - Center for Regional Economic Research Archive\" \/>\n<meta property=\"og:description\" content=\"News Channel 9 had a story on the ongoing debate about the new city property tax rate and funding raises for police and firefighters. CRER director and chief economist Howard Wall had this to say: UTC economist Howard Wall says part of what&#8217;s complicating the budget is rising property values.&#8220;The tax rate is automatically lowered&hellip; Continue Reading\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blogarchive.utc.edu\/crer\/2025\/08\/11\/8-11-25-chattanooga-officials-seek-budget-solutions-to-fund-18m-raises\/\" \/>\n<meta property=\"og:site_name\" content=\"Center for Regional Economic Research Archive\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-11T19:21:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-15T19:29:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/blogarchive.utc.edu\/crer\/files\/2025\/10\/35182f4a-b4bd-4384-a41d-b8b992a3f715-FilephotosWTVCCPD.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"634\" \/>\n\t<meta property=\"og:image:height\" content=\"348\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Howard Wall\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Howard Wall\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blogarchive.utc.edu\/crer\/2025\/08\/11\/8-11-25-chattanooga-officials-seek-budget-solutions-to-fund-18m-raises\/\",\"url\":\"https:\/\/blogarchive.utc.edu\/crer\/2025\/08\/11\/8-11-25-chattanooga-officials-seek-budget-solutions-to-fund-18m-raises\/\",\"name\":\"8\/11\/25: Chattanooga Officials Seek Budget Solutions to Fund $18M Raises - 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