Kingsport Residents Will Be Paying More In Property Taxes Next Year. City Leaders Approved The 2023 Fiscal Year Spending Plan On Final Reading, Which Calls For A 12-Cent Property Tax Hike, Bringing The Rate To $1.99 Per $100 Of Assessed Value. City Manager Chris McCartt Said It Was Necessary In Order To Offer Competitive Salaries And Wages. This Marks The First Increase Since 2014. Meanwhile, The Board Of Mayor And Alderman Passed A Water Rate Increase Of 7.5%, While Sewer Customers Will Be Paying 13.5% More Next Year.