Updated
Updated · WZTV · May 1
Mayor O’Connell proposes Legacy Business grant pilot
Updated
Updated · WZTV · May 1

Mayor O’Connell proposes Legacy Business grant pilot

10 articles · Updated · WZTV · May 1
  • In Nashville, the plan was unveiled in Wednesday’s state of the city budget address as 12 South Taproom said it will close in late May after nearly 20 years.
  • Owner Will Shuff said property taxes rose by more than $20,000, while higher operating costs, rents and out-of-state investment made the business unsustainable.
  • O’Connell said he is not proposing property tax rate cuts because of the assessment timeline, instead expanding grant support for long-time local businesses as Metro Council weighs ways to help neighbourhood favourites.
With property taxes soaring 60%, can a new grant program save Nashville's local businesses from being priced out?
While Nashville offers grants, a 14,000-case backlog stalls tax appeals. Can the city's administration fix the underlying crisis?