City sets 93-cent tax rate, reschedules car show

City sets 93-cent tax rate, reschedules car show

The Elizabethton City Council on Thursday unanimously approved a certified property tax rate of 93 cents per $100 of assessed value, completing the city’s budget process for the 2026-27 fiscal year while also rescheduling the annual Carter County Car Club All-Day Car Show because of a weekend flood threat. The new tax rate replaces the previous rate of $1.57 per $100 of assessed value and is designed to generate the same amount of property tax r…