Bristol Tennessee Leaders Have Approved A Proposed 2020-21 Fiscal Year Budget On First Reading That Seeks 12 Percent More In Funding. The Spending Plan Totals 135.5 Million, Which Is An Increase Of 14.4 Million. The Property Tax Rate Will Remain At $2.16 Per 100 Dollars Of Assessed Value. The Budget Will Be Considered On Second Reading At A Later Date.