East Ridge To Get By Without Tax Increase: Border Region Firms To Get $5,557,478 In Incentive Payments
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East Ridge City Manager Scott Miller presented a proposed 2024-2025 budget to the city council that will keep the property tax rate at $1.25 per every $100 of assessed value. Total revenues of $27,265,597 are anticipated for the general fund. Of that $7,157,579 will come from property taxes, which makes up 26 percent of the total amount, and $8,597,000 is expected to come from the Border Region state sales tax. The value of property in the city increased 3.8 percent this year.

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