FY2025 Approved Operating Budget Ordinance Amendment # 14196 — Town Crier

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FY2025 Approved Operating Budget Ordinance Amendment # 14196

Budget

Chattanooga City, TN

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Ordinance #14118 establishes the City of Chattanooga's FY2025 operating budget for July 1, 2024 through June 30, 2025, appropriating revenues for municipal government expenses and fixing property tax rates. The ordinance projects total property tax revenue of $191.988 million from current and prior-year taxes on real and personal property, with payments in lieu of taxes of $11.663 million from entities including the Tennessee Valley Authority and EPB Electric. The ordinance also amends city code provisions regarding paid leave for active-duty training and various tax and privilege payment procedures, with first and second readings conducted on June 11 and June 18, 2024.

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