Kingsport Residents Will Be Paying More In Taxes In The 2023 Fiscal Year. City Leaders Agreed For The First Time In Eight Years To Increase The Property Tax Rate By 12 Cents. Water Rates Will Increase 7.5%, While Sewer Rates Will Go Up 13.5% Effective July 1st. The New Spending Plan Will Give City Employees A 5% Cost-Of-Living Adjustment, A Step Increase And Move Them Back To The State Retirement Plan. The Budget Will Allso Fund The School System’s School Resource Officers As Well As Two Additional Positions.