Resolution 26-02

Resolution authorizing a continuous four (4) year reappraisal cycle.

WHEREAS, a four (4) year reappraisal program with indexing in year two (2) consists of an on-site review of each parcel of real property over a four-year period followed by revaluation of all such property in the year of completion and current value updating during the fourth year of the review cycle and sales ratio studies during the second year; and

WHEREAS, Tenn. Code Ann. § 67-5-1601 provides that upon the submission of a plan by the assessor and upon approval of the State Board of Equalization, a reappraisal program may be completed by a continuous four (4) year cycle comprised of an on-site review of each real property over a four (4) year period followed by revaluation of all such property in the year following completion of the review period; and

WHEREAS, Tenn. Code Ann. § 67-5-1601(a)(3) authorizes a reappraisal plan specifying a schedule for continuous onsite review or photo review, not to exceed four (4) years; and

WHEREAS, the county legislative body of Hickman County understands that by approving such a four (4) year reappraisal cycle, a sales ratio study will be conducted during the second year of the review cycle and the centrally assessed properties and commercial/industrial tangible personal property will be equalized by the sales ratio adopted by the State Board of Equalization;

NOW, THEREFORE, BE IT RESOLVED by the county legislative body of Hickman County, meeting in session on this the 2nd day of February, 2026, that:

PURSUANT to Tenn. Code Ann. § 67-5-1601, reappraisal shall be accomplished in Hickman County by a continuous four (4) year cycle beginning July 1, 2026, comprised of an on-site review of each parcel of real property over a four (4) year period followed by revaluation of all such property for tax year 2026.

Sponsors: Keith Nash, District 4; Steve Gianakos, District 4; Dusty Jordan.

Motion and vote: Passed by roll call vote (13 yes, 0 no, 1 absent) on February 2, 2026. Moved by Dusty Jordan, seconded by Steve Gianakos.

Yes: Ron Puckett, Ricky Murray, Devin Pickard, Matthew Barnhill, Claude Callicott, Clay Chessor, Danny Clark, Todd Collins, Steve Gianakos, Jim Herron, Dusty Jordan, Ron Mayberry, Wayne Thomasson.

Absent: Keith Nash.

Adopted: Claude Callicott, Acting Chairman. Attest: Casey Dorton, County Clerk.

Approved/Disapproved: Jim Bates, County Mayor.