Bristol TN council passes budget on first reading

The Bristol Tennessee City Council met in a special called session Tuesday to discuss a new budget for fiscal year 2026. Council is proposing a new tax rate after after their first proposed rate failed last week on its second reading. The new rate is $1.87 per $100 of assessed value, 5 cents lower than the first proposed rate. The proposed budget is 33 cents higher than the certified tax rate. Outside of the new rate, the budget ordinance is identical to last week’s. The proposed budget passed but the council will need to vote two more times for the budget to go into effect. The next meeting will be July 8.