Farragut supports our schools in many ways
from the Town
First, all property taxes paid by Farragut residents go directly to Knox County – the Town of Farragut does not receive any portion of property tax revenue. Instead, we rely heavily on sales tax revenue. About 60 percent of the Town’s revenue comes from the Local Option Sales Tax generated by businesses right here in Farragut. That’s one reason we work hard to attract visitors and encourage residents to shop locally.
Even without a property tax, Farragut boasts some of the finest amenities in the county. Our parks, greenways and the Farragut Community Center all scored higher than the national benchmark in the National Community Survey (see all survey results at townoffarragut.org/survey). While Campbell Station Inn renovations were not completed until after the survey, visitors have been overwhelmingly positive about the restoration of the historic home and the amenities available there.
Because we rely heavily on sales tax revenue, the Town takes a fiscally conservative approach to budgeting. Sales tax collections have grown steadily, but they are expected to level off once available commercial space is fully developed. At the same time, infrastructure costs continue to rise, and staffing needs increase as our community grows. The Town currently carries no debt, and maintaining healthy savings is essential if we want to continue avoiding a property tax in the future.
We are incredibly proud of our Farragut schools, but all public schools in the county are operated by Knox County Schools. They represent a significant investment. About 66 percent of the Knox County budget goes toward operating public schools, meaning roughly two-thirds of your property tax bill supports public education. Additionally, 50 percent of the Local Option Sales Tax collected in Farragut goes to Knox County Schools. (In FY2025, this was more than $10.8 million.) It’s important to understand that Farragut absolutely contributes financially to our public schools.
Beyond taxes, the Town provides direct annual support: $27,000 to each Farragut school and $12,000 to the Farragut High School Foundation. We’re also happy to lend a hand with special projects. At the request of school administrators, Town staff have mulched flower beds, helped maintain athletic fields, hung banners and even cleared a gravel spill from a school driveway using Town equipment. We also partner with schools on special events like the annual Arbor Day program at Farragut Intermediate School.
We are so proud of our high-performing Farragut schools, and we know they’re the reason many choose Farragut as a place to live. We’re honored to provide financial support for them, and we value the relationships we have with school administrators. Our schools are part of what makes Farragut such a special place – a beautiful, close-knit, connected and engaged community where individuals, families and businesses thrive.
