TACIR1 Economic Update Stan Chervin, PhD Senior Research Consultant September 13, 2012

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TOTAL LOCAL ASSESSMENTS IN REAPPRAISING COUNTIES TOTAL LOCAL ASSESSMENTS PRELIMINARY % COUNTYASSESSMENT($) CHANGECYCLE Claiborne 484,598,686484,633,6070.0% 5 Clay 103,648,98198,373,0835.4% 6 Cumberland 1,343,259,3841,385,112, % 5 Franklin 829,107,708839,895, % 5 Hancock 89,985,51185,749,9334.9% 5 Marshall 495,412,005508,972, % 5 Moore 203,546,410184,007, % 6 Smith 306,654,302293,078,0184.6% 6 Unicoi 304,658,790292,422,8584.2% 5 Union 321,880,165321,167,0140.2% 5 Source: State Board of Equalization and Unicoi County Assessor. TACIR7

Source: Federal Housing Finance Agency TACIR8

COUNTIES REAPPRAISING IN 2013 COUNTY LAST REAPPRAISALCYCLE REAPPRAISAL BASED ON SALES IN Bradley Cannon Cheatham Davidson Dickson Fayette Fentress Greene Hamilton Hardeman Hardin Haywood Knox Lincoln Loudon McMinn Macon Monroe Obion Pickett Polk Robertson Scott Shelby Sullivan Weakley Source: Comptroller's website at accessed 9/4/2012. TACIR9