UPDATE: The commission has approved a tax rate of $4.38. The vote was 7-5.
FOX13's Matt Gerien will have a full report tonight at 5 p.m.
Ten million dollars!
That's how much Shelby County is in the hole. Today, the County Commission is expected to try to hammer out a property tax rate to hopefully solve its money woes.
Mary Mark Luttrell wants to raise the rate to four dollars and thirty eight cents ($4.38). That's up by thirty six cents ($.36).
Commissioners are sharply divided over whether there even needs to be an increase.
Terry Rolland, one of the commissioners, says county government needs to do it's part by cutting back. He specifically singled out schools and the county attorney's office.
"When the 385 corridor gets done you can be downtown in 30 minutes, so we're working against these other counties, too. Our tax rate's going to be a huge draw or deterrent," says Roland.
If the tax hike doesn't happen, Mayor Luttrell says we're looking at drastic cuts in staff and services.
The Shelby County Commission is meeting at 1:30 p.m. this afternoon.