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Guest column: A competitive advantage for Oak Ridge

Posted at 8:21 pm May 22, 2013
By Martin McBride 3 Comments

Note: This is a copy of a letter sent to Oak Ridge City Council members by resident Martin McBride.

I came to East Tennessee 25 years ago to work with Oak Ridge nuclear facilities. One of the first things my new employer did was to set up an appointment with a Farragut Realtor. The realtor gave my wife and I a lovely tour of the west Knox County area.

When I hesitantly mentioned Oak Ridge, he quickly responded, “You realize the property tax problems over there?” For the next several minutes, the realtor went over the tax rates, emphasizing the tax advantage of living in Farragut.

He then compared the Farragut lifestyle to that of Oak Ridge. Amazingly, Farragut kept getting the edge. According to that realtor, Farragut had all the advantages—especially in tax rates.

Like it or not, the pressure on new Oak Ridge workers to locate outside Oak Ridge is intense. Many probably do not even talk to an Oak Ridge realtor for the other side of the story.

I almost didn’t.

Oak Ridge is a beautiful place to live. It has wonderful activities, a great school system, and an awesome heritage. Yet, our competition hammers us on tax rates. And that tactic has worked over the years.

In the past few decades, Oak Ridge paychecks have migrated elsewhere.

This year, you can make a real difference by passing a property tax reduction. Even a small reduction would be a significant publicity coup for the city. And if an Oak Ridge reduction were combined with the proposed Anderson County tax reduction, the positive effect would be even greater.

Please reduce Oak Ridge tax rates and give our community a chance to effectively develop and compete.

Martin McBride

Oak Ridge

Filed Under: Guest Columns Tagged With: East Tennessee, Farragut, Martin McBride, Oak Ridge City Council, property tax reduction, realtor, tax rates

Comments

  1. Jon Smith says

    May 23, 2013 at 10:19 am

    I couldn’t agree more. Tax rates drove my family to near by Loud on Co when we were more interested in Oak Ridge. But when factoring in nearly three times the tax cost to live in the city, we felt we weren’t left with a choice.

    Reply
  2. BS Shipley says

    May 23, 2013 at 12:40 pm

    The problem is OakRidge has to pay both city and county taxes. If you live outside the city limits its only county taxes you pay. Remember too you get a lot less for you money. I would like to move to get rid of our county taxes. We dont get anything for that money. The county does NOTHING for us.

    Reply
  3. Denny Phillips says

    May 23, 2013 at 3:48 pm

    Sorry Martin, COR says you love your tax rates and that they are not interested in lowering them.

    Reply

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