Shelby County will receive its first property tax increase in eight years after the board of commissioners voted 8-5 to a nearly two-cent adjustment for FY2027. It is the first property tax hike of outgoing Shelby County Mayor Lee Harris’ administration. The new rate of $2.70 per $100 of assess ed value of property will fund a $1.6 billion operating budget, which remained flat. Last year’s rate was $2.68. ...read more read less