Budget season 2024: Where your local budget stands in Middle Tennessee

NASHVILLE, Tenn. (WKRN) — Each summer, local communities in Tennessee set about discussing and approving budgets for the upcoming fiscal year.

By law, municipal fiscal years run from July 1 to June 30 each year, with budget hearings held starting as early as April. All budgets for the 2024-2025 fiscal year (FY2025) must be approved prior to July 1, or a continuing resolution passed by the local governing bodies to continue funding the community at the same rate as for FY2024.

As of Tuesday, May 7, some communities have already begun holding budget hearings. City councils and commissions in Greenbrier, Lebanon, Gallatin and La Vergne have begun holding hearings on their proposed budgets for the coming year.

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At its Monday, May 6, meeting, Greenbrier city leaders held the first reading of the budget ordinance , approving on first reading a $6.4 million budget and a property tax rate of $1.0395 per $100 of assessed value.

Gallatin city leaders presented a $59 million budget at its April 23 meeting, setting up the council to pass the budget at its first of two readings Tuesday, May 7. The proposed budget is a 12.6% increase from the previous fiscal year and includes a 1.5% cost of living increase, according to Mayor Paige Brown.

Murfreesboro city leaders will hold a budget workshop Thursday, May 9, to amend the current budget in order to close out the fiscal year. The full Murfreesboro City Council will next meet May 14.

La Vergne aldermen held a workshop Thursday, May 2 , where they also discussed budget items. The aldermen and mayor are set to meet Tuesday, May 7, to have the first reading of the city budget.

Down in Nolensville, city leaders have proposed a $9.8 million budget for the upcoming fiscal year. The first budget hearing was held on April 22 during a work session, according to city agenda documents.

In Maury County, Columbia City Council members held a study session May 2 to have the first reading of its upcoming budget ordinance and set June 13 as the day for its public hearing. All members of the public will be able to provide comment on the coming year’s budget proposal on that day.

Metro Nashville has several days of public hearings on its annual budget, which holds at more than $3 billion for the upcoming fiscal year. Last week, the budget committee held a special-called meeting where committee members went over what was included in Mayor Freddie O’Connell’s proposed budget.

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Included in the proposed $3.27 billion budget is a 3.5% cost of living adjustment for Metro employees. According to CM Sandra Sepulveda, the Metro Civil Service Commission recommended a 4% increase, as well as $18 million for textbooks, $30 million for affordable housing and a $20-per-hour minimum wage for Metro employees.

Budget discussions continue next week, with multiple meetings set for the middle and end of May, as well as the beginning of June. The full calendar of events can be seen online here .

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