title
An ordinance establishing the tax levy in the General Services District for the fiscal year 2026-2027 and declaring the amount required for the annual operating budget of the Urban Services District pursuant to section 6.07 of the Metropolitan Charter.
body
BE IT ENACTED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. That the tax levy for the General Services District of the Metropolitan Government of Nashville and Davidson County for the fiscal year 2026-2027 on each $100.00 of assessed value of all property, real, tangible personal, intangible personal and mixed, within the General Services District, shall be $2.782 prorated and distributed as follows:
1. General Fund $ 1.405 Per $100.00
2. School Fund $ 0.901 Per $100.00
3. Debt Service Fund $ 0.373 Per $100.00
4. School Debt Service Fund $ 0.103 Per $100.00
Total Levy General Services District $ 2.782 Per $100.00
Section 2. That pursuant to Section 6.07 of the Charter, BE IT HEREBY DETERMINED AND DECLARED that the annual operating budget of the Urban Services District for the fiscal year 2026-2027 requires $18,441,100 by a property tax levy therein, and the Urban Council is hereby directed to levy a tax upon all property, real, tangible personal, intangible personal and mixed, within the Urban Services District of $0.032 per $100.00 of assessed valuation, prorated and distributed as follows:
1. General Fund $ 0.007 Per $100.00
2. Debt Service Fund $ 0.025 Per $100.00
Total Levy Urban Services District $ 0.032 Per $100.00
Section 3. That this ordinance shall take effect from and after its passage, the welfare of the Metropolitan Government of Nashville and Davidson County requiring it.