Taxes could be going up for Shelby County residents this year.
With property assessments expected to drop and some big ticket spending on the horizon, Mayor Mark Luttrell said on Thursday the county may need more revenue.
The county is still running the numbers, but it appears the county may need to raise more money to pay its bills. The county could be in store for a tax hike.
"All of the indicators are that there is going to be a need for some additional revenue," Mayor Luttrell said Thursday while he was holding his monthly open door meetings with county residents.
"We just don't know how much at this point or exactly how we'll, how we'll achieve that standard once we decide what it is."
Shelby County is going through its four year property reappraisal and this year assessed property values are expected to drop for the first time in recent history, meaning fewer tax dollars for the county.
At the same time the county is preparing for some big spending in 2014 as the new Shelby County Unified School District is going to cost millions of dollars.
As well county also has to pay out a settlement with the federal government over the juvenile court.
"We've really cut back significantly on the scope and the size of government," the mayor added. "At some point we're going to get to the point where we can't afford to cut government services anymore because there are certain essential services."
Tax hikes are the last resort, Mr. Luttrell said as he wants the county to cut any unnecessary programs before they go to a tax increase.
The county is already a lean organization and there are only so many areas that can be cut until you start hitting essential services, he added.