Memorial Day Observed
Property Assessments To Change
Applause Award Presented To L&S Equipment
Becky Meredith/OCN staff
Last year’s Poppy Queen Brenna Wolfram crowns Tiffany
Livingston as the new queen. Looking on are Pete Peterman, left,
and Bobbie Speck.
The annual Memorial Day ceremony was held on the Livingston
square Monday, May 28.
The memorial ceremony began with a call to order by
John Alcorn and the advance of colors by Doug Keisling and Ray Arney.
Pete Peterman led those in attendance in prayer and
past Poppy Queens led the group in the Pledge of Allegiance.
Adrian West and Allison West led the National Anthem,
then the crowd was welcomed with a few words from Bobbie Speck.
Carnations were presented to Gold Star Mothers and
Gold Star Sisters on hand.
State Representative John Mark Windle spoke to the
crowd, then keynote speakers Johnny Webb and Tom Halli-burton addressed
them and reminisced about their experiences in the wars in which
The American Legion Ladies Auxiliary and the VFW Ladies
Auxiliary placed a wreath on the courthouse memorial, then the 21-gun
salute was performed by the VFW Honor Guard.
Pete Peterman concluded with the benediction.
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Assessments To Change
By Dewain E. Peek and Deborah Forsman
Assessment change notices from the State Division
of Property Assessments will be mailed on June 1 to property owners
whose assessment has been changed from the previous assessment.
After receiving the assessment change notice, property
owners who have questions or disagree with the new value on their
property may contact an appraiser with the State Division of Property
Assessments at the telephone number listed on the assessment change
notice (931) 823-1668.
If the property owners are still not satisfied with
the explanations they receive from the state appraiser, they may
appeal the individual property values to the local Board of Equalization,
which begins meeting June 1 of each year and will meet for 10 days
in June, by appointment only. Decisions of the local Board of Equalization
may be appealed to the State Board Equalization. Appeals should
be restricted to the property owner’s appraisal and ownership mapping.
Tax rates and the amount of taxes owed on an individual property
are not the matters that can be addressed by the state or the local
Board of Equalization, since the rates are to be set later by the
county commission and city council.
A current value update is a method of updating appraised
values to their current level for property tax purposes. Valid sales
of property are analyzed to determine changes in the real estate
market since the last county-wide reappraisal.
In the past, a county-wide reappraisal program occurred
in a given county about once every 10 years. Now Overton County
has a county-wide reappraisal every 6 years with a Current Value
Update in-between, if the market value of property is below 90 percent
of the appraised value. Property values usually change dramatically
over such a long period and different classes of property often
change in value at different rates.
When the appraised value for property tax purposes
remains constant, two things happen: (1) appraised values no longer
reflect the market value of property; and (2) because of the differing
rates of change, some people pay more than their fair share of taxes.
This law seeks to address both of these problems, thereby resulting
in a more equitable property tax system. Current value updates keep
appraisals at current value, thereby equalizing tax burdens within
the counties and cities. Taxpayers will know the value at which
their properties are assessed.
The Current Value Updating program will not increase
the overall property tax levy in the county because the certified
tax rate law applies when a county is updated. The certified tax
rate law, also known as "truth in taxation”, states that the
tax rate following a current value update must be rolled back to
a level that will produce the same total revenue as the prior year.
The governing body of the county and city may adopt
an actual tax rate higher than the certified tax rate if a tax increase
is deemed necessary due to budget needs. In order to adopt an actual
rate in excess of the certified rate, state law requires that a
public hearing must be held on the adoption of the tax rate. This
hearing must be advertised with the stated intent of exceeding the
certified tax rate.
Assessor Larry King said, "The important thing
to remember is that an increase in your appraised value does not
necessarily mean an increase in your property taxes. The rate will
be determined later by the county commissioners and city councilmen."
Taxpayers have two opportunities to appeal Current
Value Updating of its results. The first opportunity is at a hearing
which may be requested before the State Board of Equalization. This
is a hearing on the proposed update, not a hearing designed for
appeals of individual property values.
The Current Value Updating programs administered by
the State of Tennessee, Division of Property Assessment. For more
information concerning this program or desire additional information
write to Division of Property Assessments, Tom Fleming, CAE Director,
Suite 1400, James K. Polk State Office Building, 505 Deaderick Street,
Nashville, TN 37243-0277, or call (615) 741-2837, or go online to
"Also," Assessor Larry King said, "my
office will be more than happy to answer any questions or help you
in any way."
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Award Presented To L&S Equipment
Larry and Sue McCormick, founders of L&S Equipment
Sales and Service in Rickman, were presented the Livingston-Overton
County Chamber of Commerce Applause Award on Thursday, May 24 for
the beautification of the building.
The site was home to the Rickman Post Office and a
general store many years ago before being transformed into a service
station and garage by Jim Sullivan in 1963.
Charles Roberson and Richard Roberson then operated
a service station and automotive repair shop in the structure.
Not having been in use for some time, the Robersons
sold the building to Larry and Sue McCormick in 2000.
The couple reconstructed a former parts area of the
shop into an office and updated electric wiring and the gas and
General cleanup and painting greatly enhanced the
overall appearance of the building.
Rickman Starter and Alternator Service, owned by
Jackie Worley, is also housed in the building.
Overton County News
415 West Main Street
P.O. Box 479
Livingston, Tennessee 38570