Memphis / Nashville Comparison
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Memphis / Nashville Comparison

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In 1963, our community was 50% larger than Nashville and our taxes were lower. We voted against a new government and Nashville voted for it. Today, ...

In 1963, our community was 50% larger than Nashville and our taxes were lower. We voted against a new government and Nashville voted for it. Today,
our taxes are 75% higher and their population is 25% bigger. See other interesting comparisons.

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Memphis / Nashville Comparison Memphis / Nashville Comparison Presentation Transcript

  • A Community Coalition On November 2nd, Memphis and Shelby County are poised to take a giant leap forward. The vote is a move that would unify city and county governments and thereby produce a completely new animal that is lean and aggressive and will eventually be on par with our midsize competitors like Nashville. Forty years ago, our neighbor to the east was a far cry from being a contender against Memphis for attracting professionals or businesses. Nashville has now outpaced Memphis in a number of critical areas – taxes and cost of service delivery, growth in new jobs, population expansion and various city rankings. The following provides a snapshot of key statistical data as it relates to Nashville’s post consolidation progress and Memphis’ current standing.
  • A Comparison of Spending Spent Spent Spent Per Year Per Year Per Year For I.T. For Lawyers For H.R. Memphis/ $ $ $ Shelby County 31 million 19 million 12 million $ $ $ Nashville 14.5 million 5 million 4.3 million Information taken from the cities’ official websites.
  • A Comparison of Tax Rates in Tennessee Nashville, who chose a Metro Government in the 1960’s, delivers services at a combined metro rate for the same cost as Shelby County provides service to the county. Even if you live in Germantown or Bartlett, you pay more property tax than Nashville residents. City County Cumulative Memphis 3.19 4.02 7.21 Nashville 3.56 .57 4.13 Chattanooga 1.93 2.77 4.70 Knoxville 2.46 2.36 4.82 Information taken from the cities’ official websites.
  • A History of Tax Rates Nashville, who chose a Metro Government in the 1960’s, delivers services at a combined metro rate for the same cost as Shelby County provides service to the county. $8 $7 $6 $5 $4 $3 $2 1988 1990 1992* 1994 1996 1998* 2000 2002 2004 2006 2008 2010* Tax rates are applied per every $100 of your appraised property value. *Reappraisal year.
  • A Comparison New Jobs Net New Milken List of # of Population Growth Income Best-performing Government (2000-2008) (200 largest cities) (1998-2007) Cities Employees # # # # 38 46 15 22 6,579 Nashville metro + $2.3 billion Davidson Population up County 18.2% # # # # 41 117 134 144 14,792 Memphis metro - $434.9 million Shelby County/ Population up Memphis 6.7%
  • Why Rebuild Government Now? Over a 10 year period: • Shelby County lost 47,674 individuals and $1.9 billion in income • Shelby County lost 20,000 households and $1.2 billion in income to MSA* counties • Memphis MSA has lost 2,530 households and $162 million in income to Nashville – Less than 50 households moved to Memphis. • Of the 363 MSAs, we rank #318 in in-migration; Nashville was #10 *Metropolitan Statistical Area. Information attained from the IRS.
  • A Comparison of Population Shelby County/Davidson Memphis/Nashville Population Comparison Population Projections Population in thousands for Year 2014 700 Memphis 600 Nashville 500 Davidson County 400 Pop. 890,616 300 200 1960 1970 1980 1990 2000 2008 2010 Shelby County Memphis/Nashville MSA Population Comparison Population Pop. 885,377 in thousands Nashville 1,500 MSA 1,400 1,300 1,200 Memphis 1,100 MSA 1,000 900 800 700 600 Source: Decision Data Resources 1960 1970 1980 1990 2000 2008 2010 *Metropolitan Statistical Area. Information attained from the IRS.
  • A Comparison of PropertyTax In 1963, our community was 50% larger than Nashville and our taxes were lower. We voted against a new government and Nashville voted for it. Today, our taxes are 75% higher and their population is 25% bigger. 5.84 5.59 7.09 7.02 7.47 7.22 Memphis 4.12 4.69 4.13 6.00 3.92 5.70 Nashville 1960 1970 1980 1990 2000 2008 Today
  • The Effects Nashville • Ranked #1 50 Hottest Cities for Relocation & Expansion by Expansion Magazine 2005 & 2006 • Ranked one of the fastest growing privately held company areas in America by Inc. Magazine 2006 • Ranked #16 Top Sports Town by Sporting News 2007 • Ranked #14 Best Cities for Jobs by Forbes 2008 • Ranked #8 as Metro Areas of 200 cities by Market Watch 2008 • Ranked #13 of 350 counties Best Places to Begin a Career by Forbes 2009 • Top 10 Greatest Low-Tax Places to retire by U.S. News & World News 2009
  • The Effects Nashville 79% Approval Rating for the New Government One year after the merger, 64% of the public held the consolidated government in a positive light. Two years later, that figure increased to 79%. Crime Reduced by 7% While national average increased by 5%
  • “ ...We have the opportunity to hit the reset button for our community...” –Concerned Citizen
  • A Community Coalition www.RebuildGovernment.org www.twitter.com/RebuildGov www.facebook.com/RebuildGov