Friday, July 13, 2012

City Considers Tax Solutions for Newly Annexed Cordova Residents

Posted By on Fri, Jul 13, 2012 at 3:07 PM

Citizens of a recently annexed portion of South Cordova have a new expense due in about two months — their city taxes.

Many citizens expressed concerns at a public meeting Wednesday night about having to quickly come up with the new tax money, so the city of Memphis is now looking at state legislation that could allow for a grace period for those residents.

“I was particularly troubled by the plight of our newest citizens and the hardship created by tax bills they were not expecting,” said Mayor A C Wharton in a press release issued today. “We know we must try to find a way to give them some relief.”

The State Board of Equalization said the city could pursue state litigation that would allow for a grace period for property owners in a newly annexed area. If cannot, however, allow for different delinquency dates for different areas.

People ages 65 or older who live in South Cordova can apply for the city's quarterly payment program by calling 522-1111 or clicking here. Other tax relief information may be found here.

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