Authorize annual budget adjustments for tax increment revenues

A Resolution authorizing annual year-end adjustments to the budget of the City of Knoxville to reflect mandatory allocations of tax increment revenues during the City's fiscal year.(Requested by Finance Department)

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On June 28, 2022, the City of Knoxville, TN City Council adopted “Authorize annual budget adjustments for tax increment revenues” by a vote of 8–0.

Unanimous Adopted 8-0-0-1

Part of Developer tax breaks (PILOTs)

Motion to approve

Moved by Andrew Roberto · seconded by Lauren Rider

Topics: Budget & taxes

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The vote as recorded

Aye · 8

Charles Thomas District 5 Lynne Fugate At-Large Seat A Amelia Parker At-Large Seat C Tommy Smith District 1 Andrew Roberto District 2 Lauren Rider District 4 Gwen McKenzie District 6 Janet Testerman At-Large Seat B

Absent · 1

Seema Singh District 3

Minutes of the 28 June 2022 meeting — page 9

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