By Leonard Abbatiello

As a matter of convenience to the Oak Ridge Board of Education, the city is getting ready to change the budgeting cycle and the Oak Ridge property tax due and delinquent dates. The city-proposed changes are only a partial band-aid. No one has considered the taxpayer, or the impact of what is best for everyone. 

Early in Oak Ridge’s municipal history, the city had the State of Tennessee legislature pass a private law and a local ordinance which made it possible for Oak Ridge to tax its businesses and citizens much earlier than any other government in Tennessee. It was cash-flow strapped and it then sought state relief to force earlier federal payments. This created a budget cycle that required Oak Ridgers to pre-pay property taxes rather than pay-as-you-go, which happens in the rest of Tennessee.

Today, Oak Ridge is the only Tennessee government which sets its budget and property tax rate in May, its tax bill payments due date is June 1, and the late tax payment date now is July 31 annually. This makes us pre-pay our property taxes and forces early budget decisions. [Read more…]