Aldermen to go public with intent to raise taxes
Published: August 21,2013
HORN LAKE — Horn Lake aldermen voted yesterday to advertise their intent to raise property taxes in the budget for the coming fiscal year.
The Commercial Appeal reports the aldermen and Mayor Allen Latimer say the proposed 4-mill increase is still a work in progress.
They say discussions continue on possible ways to cut the increase or eliminate it in the budget that begins Oct. 1.
But, Latimer says, the city needs a proposal to meet a deadline for advertising a Sept. 3 public hearing.
If ultimately approved, the 4-mill increase would raise the city’s millage rate from 42 to 46 mills.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- DAVID DALLAS: Mr. McDaniel goes to Washington
- Two BancorpSouth mergers delayed by federal inquiries
- Moon River Foods creating 100 jobs in Mississippi Delta
- Wasted away — Margaritaville in Biloxi to close by Sept. 19
- Severstal selling plants, including Severstal Columbus
- Judge to hear from True the Vote as McDaniel attempts to overturn loss to Cochran
- Google chooses Mad Genius as example of Internet use
- Weyerhaeuser investing $57M to modernize lumber mill
- WILLOUGHBY: Broadband Voice founder Gary Watts isn’t afraid to take chances
- Health officials identify another case of chikungunya virus