City officials mulling lodging tax to fund development
Published: October 19,2011
WIGGINS — City leaders in Wiggins are considering a local sales tax on hotels, motels and cabins as a way to increase revenue for economic development.
The Sun Herald reports Mayor Jerry Alexander introduced the idea at yesterday’s Board of Aldermen meeting.
Alexander said the tax proposal would be a good way to increase revenue without a major impact on city residents.
Only those who choose to stay at a hotel, motel or cabin would be taxed.
He says the Stone County Economic Development Partnership already benefits from a 2 percent tax on lodging. City officials could choose to impose a tax of up to 3 percent.
To sign up for Mississippi Business Daily Updates, click here.
One Response to “City officials mulling lodging tax to fund development”
Top Posts & Pages
- DAVID DALLAS — Cannabis for the rest of us
- MARTY WISEMAN: The current racial strife and the failure to educate
- Source: Bryant has offered Glenn McCullough MDA job
- BILL CRAWFORD: Boyce takes hot spot as IHL commissioner
- Planters Bank promotes at 3 locations
- COMMERCIAL FINANCE 701: Loans disguised as government bonds (BOANs)
- (WITH VIDEO) Funding secured for Capitol Art Lofts in downtown Jackson
- Real Estate Forum panelists: Lenders, investors hungry for deals on residential rentals in Miss., elsewhere
- Two new casinos like the odds on Mississippi Gulf Coast