Mayor pushing for sales tax to fund projects
by Associated Press
Published: October 3,2011
Tags: community development, economic development, municipal government, Sales Tax, taxes
HOLLY SPRINGS — Holly Springs Mayor Andre DeBerry is seeking support for a 1 percent local sales tax to raise money for various projects.
The South Reporter reports DeBerry has proposed $8 million for a variety of local projects and another $13 million for street improvements and sidewalks. DeBerry has said the city could issue bonds some of which could be repaid from proceeds of the sales tax.
The sales tax proposal would have to be approved by the Legislature.
The city already collects a 2 percent sales tax to pay off the loan on a multipurpose building and to support tourism.
![[RSS Feed]](http://i2.wp.com/msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/rssfeed.png)
![[del.icio.us]](http://i0.wp.com/msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/delicious.png)
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Stabenow, Cochran brace for full Senate vote on Farm Bill
- Counties ‘hoping to get it right’ as they await Tuscaloosa Marine shale boom
- District at Eastover construction to start later this year
- Ex-Northwest Rankin coach David Coates dies before drug trial
- Fervor grows for Tuscaloosa Marine Shale
- Keeping Our Eye On Nathan McNeill
- PSC’s Mississippi Power probe continues as regulators mull next move
- WILLOUGHBY: Rubinsky grows First Class Linen from ground up
- Forward-thinking power companies transform “disruptions” into opportunities
POST A COMMENT