Knoxville has had a great deal of positive development over the past decade. This is a good start but the economic impact of this development has not reached every area and all populations in Knoxville. We must address this inequity.
I feel Knoxville has the creative energy and a spirit of entrepreneurship, this should be encouraged and facilitated with business and educational support. The work that has been happening to redevelop the Central Ave corridor provides a good example of homegrown creative enterprises.
TIFFs and PILOT Incentives for large businesses to move into Knoxville must take into consideration the overall impact on the community. Does it provide for a better quality of life, does the money stay local and will good jobs be provided with livable wages.
As Knoxville is updating the city zoning codes, many residents are concerned with how they will be affected. I believe that people enjoy living in different ways, Some enjoy their neighborhood as is and do not care to live in a business district. Others, would greatly enjoy a walk-able and bike-able neighborhood with mixed residential and businesses allowing for easy access to public transportation. Recoding Knoxville does not intend to apply a blanket overlay of zoning codes and to meet the specific needs of neighborhoods.
Property taxes are the bulk of funding for the city’s budget which for 2017-2018 $358 million a 16% increase from last year. I will focus to cover this gap by bringing in revenue from other sources and spending that is smart and intentional. The property tax rate in the city is $2.7257 per $100 assessed value. One reason Knoxville is a desirable city to live in is the low cost of living balanced with a good quality of life and city services.