Property Owners In Church Hill, Get Ready To Dig Deeper Into Your Pockets If City Leaders Have Their Way. The Board Of Mayor And Alderman Has Approved, On First Reading, It’s First Property Tax Increase In 14 Years. The 40 Cent Property Tax Hike Will Up The Rate From 85 Cents To $1.25 Per $100 Of Assessed Property Value. A Public Hearing Will Be Held June 15th, Followed By Consideration Of The Second And Final Reading Of The 2010-2011 Fiscal Year Budget.