Mayor Budget Hearings
Mayor Kincannon will hold public hearings for the Fiscal Year 2025/26 Budget on Wednesday, March 5 and Thursday, March 6th in Room 461 of the City County Building - 400 Main Street, Knoxville.
Hearings will be recorded for later viewing and broadcast on
Knoxville Community Media (formerly CTV).
View Hearing Schedule
Budget Retreat Held at Public Works Center
Knoxville's finances are healthy, and the City's bond ratings remain stellar.
Sales tax revenues are higher than forecast; City spending is less than budgeted.
At a Feb. 14, 2025, Budget Retreat, Mayor Indya Kincannon, City Council members and City Finance staff assessed where the City stands, financially, mid-way into its budget year.
Due to sustained rising inflation and pension costs, plus relatively flat overall revenue growth in recent years, City officials noted a long-term need to increase revenues.
After discussing finances, the Mayor and her senior staff provided updates on a number of priorities and strategic initiatives:
Crime is down.
A new class of firefighters is graduating from the Academy.
The City's $48.5 million invested in affordable housing since 2019 has leveraged $729 million in partner funding. That has created more than 2,600 new affordable housing units.
Citywide, Knoxville is growing. Families and property owners are investing. Permits in 2024 were issued for $367.3 million in total valuation of projects.
• 2024-2025 Six Month Financial Report [PDF]
• Financial Update Presentation [PDF]
• City Overview Presentation [PDF]