Kingsport Leaders Got A Chance To Review The 2022-23 Fiscal Year Budget, Which Calls For A Property Tax Increase Of 12 Cents. This Would Bring The Rate To $1.99 Per $100 Of Assessed Value. City Manager Chris Mccart Said All The Revenue Growth Is Being Eaten Away By Inflation. One Cent On The Property Tax Rate Brings In About $200,000 Annually. City Leaders Will Have To Come Up With A Spending Plan By June 30th.