Collected and spent
In fiscal year 2024, Memphis collected $506.3M in taxes and spent $834.7M.
Collected
$506.3M
Fiscal year 2024 · taxes
Spent
$834.7M
Fiscal year 2024
Where the money comes from
One tax.
Property tax
$3.1954 per $100 of value
Source · Tennessee Comptroller of the Treasury — Division of Property Assessments, City of Memphis 2024 property tax — $3.1954 per $100 of assessed value. Read on June 9, 2026.
Details
City of Memphis 2024 property tax — $3.1954 per $100 of assessed value (31.954 mills), the city's own rate paid on top of the Shelby County rate. From the Tennessee Comptroller's official 2024 rate tableWhere it goes
Seven service lines.
Police
$303.5M
General government
$217.4M
Fire
$212.4M
Parks and recreation
$49.9M
Public works
$25.1M
Library
$22.0M
Other
$4.4M
Bars in both tables share one scale. Hatched lines pay for past obligations, not current services.
Source · City of Memphis, Tennessee FY2024 Annual Comprehensive Financial Report. Read on September 6, 2026.
Details
City of Memphis, Tennessee FY2024 Annual Comprehensive Financial Report (fiscal year ended June 30, 2024) — audited Exhibit A-5: Statement of Revenues, Expenditures, and Changes in Fund Balances, Governmental Funds, General Fund column (printed page 59); Published by the Office of the Comptroller under Mayor Paul A. Young; audited financial statements. Extracted via pdftotext -layout (Chrome User-Agent header) 2026-09-06Who decides
Not on file yet.
When decisions happen
Not on file yet.
How to reach it
Not on file yet.
Also on this tax bill
A Memphis address pays these governments too.
On every bill in Memphis
Sources
What it is
Tennessee Comptroller of the Treasury — Division of Property Assessments, City of Memphis 2024 property tax — $3.1954 per $100 of assessed value. Read on June 9, 2026.
Details
City of Memphis 2024 property tax — $3.1954 per $100 of assessed value (31.954 mills), the city's own rate paid on top of the Shelby County rate. From the Tennessee Comptroller's official 2024 rate tableCollected
City of Memphis, Tennessee FY2024 Annual Comprehensive Financial Report. Read on September 6, 2026.
Details
City of Memphis, Tennessee FY2024 Annual Comprehensive Financial Report (fiscal year ended June 30, 2024) — audited Exhibit A-5: Statement of Revenues, Expenditures, and Changes in Fund Balances, Governmental Funds, General Fund column (printed page 59); Published by the Office of the Comptroller under Mayor Paul A. Young; audited financial statements. Extracted via pdftotext -layout (Chrome User-Agent header) 2026-09-06Spent
City of Memphis, Tennessee FY2024 Annual Comprehensive Financial Report. Read on September 6, 2026.
Details
City of Memphis, Tennessee FY2024 Annual Comprehensive Financial Report (fiscal year ended June 30, 2024) — audited Exhibit A-5: Statement of Revenues, Expenditures, and Changes in Fund Balances, Governmental Funds, General Fund column (printed page 59); Published by the Office of the Comptroller under Mayor Paul A. Young; audited financial statements. Extracted via pdftotext -layout (Chrome User-Agent header) 2026-09-06Taxes
Tennessee Comptroller of the Treasury — Division of Property Assessments, City of Memphis 2024 property tax — $3.1954 per $100 of assessed value. Read on June 9, 2026.
Details
City of Memphis 2024 property tax — $3.1954 per $100 of assessed value (31.954 mills), the city's own rate paid on top of the Shelby County rate. From the Tennessee Comptroller's official 2024 rate tableTo act on what you have read
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