The Coffee County Budget & Finance Committee meeting on April 24, 2025, highlighted significant developments in property assessments and business growth within the county. Key discussions centered around the increase in real estate parcels and personal property accounts, reflecting a positive trend in local economic activity.
During the meeting, officials reported that Coffee County now has over 32,000 real parcels and approximately 2,100 personal property accounts, which pertain to businesses that file taxes on their equipment. Notably, between 2024 and 2025, the county recorded 166 subdivision plots, contributing to an increase of 0.634 parcels to the assessment roll. Additionally, 76 new businesses were established in the past year, further bolstering the local economy.
The committee noted the addition of 353 structures to the tax roll, including 339 houses and 14 commercial buildings. This equates to an average of 1.35 structures being added daily over the past year. Among the significant developments mentioned were the completion of a multimillion-dollar Department of Transportation facility and a large warehouse on Highway 55, both of which have been added to the assessment roll despite being under pilot agreements with the industrial board.
The meeting also addressed the procedural aspects of property management, with officials processing over 3,200 property transfers and 1,200 tax freeze applications in the past year. The tax freeze program, which provides relief to qualifying residents, is managed in collaboration with the cities of Manchester and Tullahoma.
Overall, the discussions underscored a growing trend in property development and business expansion in Coffee County, indicating a robust local economy and a proactive approach to property management and taxation.