COLLIERVILLE, Tenn. — A new property tax increase will help fund construction of an all-new fire station in Collierville.
At an April 20 meeting, the Collierville Board agreed to add $0.12 to the property tax rate, taking the Town’s tax rate from $1.72 to $1.84. For a property valued at $450,000, that would equate to an increase of $11.25 a month.
The tax increase will help fund the construction of Fire House 6 on Shelby Drive. Construction on Fire House 6 is expected to begin later this year. City officials believe it will help speed up the response for emergencies in Southeast Collierville.
The town has not built a new firehouse since 2001. In the 22 years since, the Town’s population increased by 21,000 residents and saw significant growth in the southern portion of Collierville including the addition of the new Collierville High School.
The Town also began operating its own ambulance service in 2022, absorbing the cost of the new ambulances and increased EMS personnel. Collierville Fire Chief John Selberg estimates up to 25 new personnel will be needed for the station.
The Collierville Board of Mayor and Aldermen will hold three readings of the new tax ordinance May 8, May 22 and June 12 before accepting the budget for the 2024 fiscal year.