Memphis, TN, September 28, 2026 —

Shelby County Assessor Javier Bailey Sr. has expressed significant concern regarding a perceived decline in the county’s tax base. The assessor cited specific economic pressures, including a notable number of vacant downtown office buildings and a reduction in tourism revenue, as primary contributors to this trend.

In response to these challenges, Bailey Sr. has announced his intention to convene a summit. The primary objective of this planned gathering will be to collaboratively develop a comprehensive five-year strategy aimed at addressing the diminishing tax base and fostering economic recovery and growth within the county.

Details regarding the specific dates, attendees, or agenda for the proposed summit were not immediately available. The assessor’s office has indicated that further information will be shared as plans are solidified. The initiative aims to bring together stakeholders from various sectors to brainstorm solutions and chart a course for the county’s financial future.


Story summarized from the original created by aashby@dailymemphian.com (Andy Ashby) on dailymemphian.com, see more information here.

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