Loudon officials have granted several Payment In Lieu of Tax's (PILOTS), or big tax breaks to certain businesses locating in the city. The property taxes they gave away to these industries could have more than covered the need instead of approving a property tax increase. But for some reason they just can't seem to do the math.

When local officials give away property taxes to multimillion dollar cooperation's, somebody has to make up the loss. Guess who?

With the county considering a 25 cent property tax increase to build more school capacity, due to both Lenoir City and Loudon's uncontrolled residential growth, Loudon property owners may be looking at a double whammy or potentially a 34 cent property tax increase all together.

Residential growth and tax give aways have consequences.