City budgets $175K to finance proposed annexation
Published: May 17,2012
PASCAGOULA — An additional $175,000 will come out of the Pascagoula general fund this fiscal year to finance annexation.
The Mississippi Press reports city leaders approved the budget amendment.
The city’s plan to annex about 21 square miles east of the city got rolling in fall 2010, and has been a subject of debate ever since. Proponents say that the millions in investment for things such as legal fees and infrastructure will pay off in the long run in the form of economic and tax-base growth.
Officials have said that the city would invest about $2 million in the first five years, but Councilman Jim Milstead and others predict it will be many times that figure.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- MSU reminding fans that drones are prohibited at football games
- Former DPS employees sentenced for selling bogus driver's licenses
- Politics of paying for transportation: Hand wringing and a lot of talk
- Researchers: Trapping, not hunting, best way to control wild hogs
- DeSoto County Supervisor Lee dies in ATV accident on his birthday
- Research on dogs could lead to better understanding of human cancer
- Keesler Medical Center set to begin $74M renovation project
- ONE MORE YEAR: Leaders want year more of study on comprehensive road, bridge upkeep
- Community college dedicating new welding technology center