Real Property
The collection of Real Property Taxes in Davidson County is the responsibility of the Office of the Trustee.
The Assessor of Property places the appraised value on residential and commercial properties. The Trustee accepts the Certified Real Property and Personalty Tax Roll from the Assessor in September each year for collection.Property Tax Statement and Payments:
Property tax statements are generated from the Tax Roll and mailed prior to October 1 each year. The tax collection period is from October 1 through the following February. Any taxes not paid-in-full by the last day of February are subject to penalty and interest under the law of the State of Tennessee. State legislation allows property owners to make partial payments (15% of balance due) during the tax collection period, but the total tax must be paid by the last day of February to avoid penalty and interest.
Tax Rate:
The Metropolitan Council sets the property tax rate. The 2007 tax rate for Urban Services District is $4.69, and the rate for General Services District is $4.04. Residential property tax is based on the assessed value, which is 25% of the appraised value, and commercial property tax is also based on the assessed value, which is 40% of the total appraised value. Collection of property tax comprises approximately 50% of the entire Metro Government operating budget. This includes collection on 25,603 parcels of commercial property and 191,686 residential parcels in Davidson County. There are 7,427 total parcels, commercial and residential, that are tax exempt. Including the commercial, utility, residential and personalty totals, over 249,912 tax statements were mailed during the year 2006.
Delinquent Tax
The Office of the Trustee and its Division of Collections process and collect all delinquent taxes from March 1 through the following February 28. Delinquent taxes are then sent to the Metro Clerk and Master's office.
Vegetation Lien
Vegetation Lien results from failure to comply with 10.28 of Metro Code to maintain excessive growth of vegetation or accumulation of debris, trash, litter or garbage so as to endanger health, safety and welfare of citizens or encourage infestation of rats, rodents or animals. The Metropolitan Trustee shall, upon receipt of a lien and a statement of costs, make an appropriate notation in the files and collect the costs in the same manner as the taxes are collected.