Bristol Tennessee’s City Council Has Approved A 13% Property Tax Increase. The Council Voted 3-2 To Raise The Rate From $1.98 To $2.25 Per $100 Of Assessed Value. This Will Mean A Home Valued At $150,000. Will See An $8.24 Monthly Increase. Vice Mayor Mark Hutton Called It A Tough But Necessary Decision To Address Financial Challenges. The Increase Aims To Help The City Meet Future Needs.