Tax Rates & Calculator

What is a Certified Tax Rate?

State law requires that a Certified Tax Rate (CTR) be set after each mass reappraisal to prevent local governments from realizing a windfall in tax revenues because of a reappraisal. The law, also known as “The Truth in Taxation Law,” provides that the CTR must not raise more revenues on existing construction than in the prior tax year. Thereby being revenue neutral. Increased revenue is realized from “new” construction. Only in a reappraisal year does the Office of Assessments participate in establishing the CTR by providing critical data to the State of Tennessee to set a CTR that is approved by the Mayor and the Metropolitan Council.

Keep in mind that the Mayor and/or the Metropolitan County Council can set the CTR, then hold a public hearing and raise the rate. To date, this was done (5) five times, but not during the prior three 2009, 2013 and 2017 reappraisals. Also note that if the market falls, that same CTR law could result in a Certified Tax Rate higher than the prior year.

Davidson County’s different tax rate districts

Davidson County has two primary tax rate districts, the General Service District (GSD) and the Urban Service District (USD). The USD tax covers the more extensive services provided to property owners, such as garbage pick-up, street lights and sidewalks provision not provided to those in the GSD. The GSD, which are the areas outside of the USD boundary, a property owner would pay individually for these additional services.

There are several other smaller tax districts as a result of “satellite cities” located within the GSD (Ridgetop, Goodlettsville, Belle Meade, Berry Hill, Forest Hills, and Oak Hill). Taxable properties in these small incorporated municipalities are subject to the GSD tax rate plus the satellite city’s rate, if any, as adopted by the legislative bodies of those cities. Services provided by the satellite cities may differ from jurisdiction to jurisdiction.

Your assessment notice has a “Tax Jurisdiction” box which indicates your taxing district as GSD, USD or satellite city. After you have determined which taxing jurisdiction in which your property is located, select the calculator below.

Central Business Improvement District & Gulch Business Improvement District

The Central Business Improvement District (CBID), established by Metro Ordinance in in 1999, is an annual assessment, in a form of a tax, from the Nashville District Management Corporation, a 501 (c) (3), of privately owned properties within the CBID boundaries. Read more about the CBID and its functions.

The Gulch Business Improvement District (GBID), established by Metro Ordinance in 2006, is an annual assessment fee, in the form of a tax, from the Nashville District Management Corporation, a 501 (c) (3), of privately owned properties within the GBID boundaries. Read more about the GBID and its functions.

The 2017 approved rate for the CBID is $.001294 per dollar of assessed property value. See BL2017-787

The 2017 approved rate for the GBID is $.1081 per $100 dollar of assessed property value. See BL2017-788

A change in the rate of levy of such special assessment may be initiated only by a resolution from the District Management Corporation. Upon receipt of this resolution from the District Management Corporation, the Metropolitan Council must hold a public hearing on whether there should be a change in the rate of levy for the special assessment, and no such change shall become effective unless and until it is approved by an ordinance enacted by the Metropolitan Council.

Calculating Property Taxes

Property Taxes in Tennessee are calculated utilizing the following four components:
1) CLASSIFICATION 2) APPRAISED VALUE 3) ASSESSED VALUE and 4) APPLICABLE TAX RATE

The CLASSIFICATION is determined by the use of the taxable property in order to classify under Tennessee law in one of the classifications of residential/farm, commercial/industrial, public utility or personal property.

The APPRAISED VALUE of each taxable property is an estimate of market value based on established set of tables, manuals, and procedures mandated by state statute to provide equal treatment of all properties in the jurisdiction for tax purposes.

The ASSESSED VALUE is calculated by multiplying the appraised value by the assessment ratio. The assessment ratio for each different classification of property is established by Tennessee Constitution Art.2, § 28 and TCA § 67-5-801 state law as follows:

Real Property Personal Property
Property Classification Ratio Property Classification Ratio
Residential/Farm 25% Commercial/Industrial 30%
Commercial/Industrial 40% Public Utility 55%
Public Utility 55%
The TAX RATE for each county and municipality is set by the mayor and the legislative body of the counties and municipalities based on the amount budgeted to fund services. These tax rates vary depending on the level of services provided and the total value of the county’s tax base.

The example below is for a typical residential property with an Appraised Value of:
$80,000 and with the 2017 GSD Certified Tax Rate:

$2.755 per $100 of assessed value or .02755

Step 1: Multiply the Appraised Value times the Assessment Ratio

$ 80,000 X 25% = $ 20,000

This will give you the property’s Assessment Value

Step 2: Multiply the Assessment Value times the Tax Rate

$ 20,000 X (2.755/100) = $ 551

or

$ 20,000 X .02755 = $ 551
This will give you the amount of the county property tax bill for this particular property.

If your property is in the USD, or a satellite city, follow the same steps using the tax rate appropriate to the property’s address to figure your tax bill.

The Property Tax Calculator

The calculator currently displays the final tax rates for the USD, GSD, CBID, GBID, and other satellite city tax rates for Belle Meade, Ridgetop & Goodlettsville. The billing amount you receive on your actual tax bills, usually in October of each year may vary slightly based on the method used for rounding.

Property Location
Property Classification
County Tax Rate $
Appraised Value $
Estimated Property Tax $

History of Local Tax Rates

GSD USD
Year Tax Rate Year Tax Rate
2017 $2.755 2017 $3.155
2016 $3.924 2016 $4.516
2015 $3.924 2015 $4.516
2014 $3.924 2014 $4.516
2013 $3.924 2013 $4.516
2012 $4.04 2012 $4.66
2011 $3.56 2011 $4.13
2010 $3.56 2010 $4.13
2009 $3.56 2009 $4.13
2008 $4.04 2008 $4.69
2007 $4.04 2007 $4.69
2006 $4.04 2006 $4.69
2005 $4.04 2005 $4.69
2004 $3.84 2004 $4.58
2003 $3.84 2003 $4.58
2002 $3.84 2002 $4.58
2001 $3.84 2001 $4.58
2000 $3.39 2000 $4.24

Reappraisal years are in italics.

2013 is the first year that Metro added a third decimal place to the tax rate. This is to ensure an accurate distribution between USD and GSD funds.

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