City proposes sales tax to fix infrastructure woes
Published: December 2,2013
JACKSON — The city of Jackson is proposing an increase in sales tax to bring in additional revenue for its crumbling infrastructure.
WJTV reports Mayor Chokwe Lumumba held a town hall meeting last night to discuss the one percent increase and answer questions from the community.
The mayor says the city needs an estimated $1.2 billion to completely fix its infrastructure. He says raising sales tax by one percent will bring in at least $15 million a year in revenue.
The proposal states the increased tax will not only improve infrastructure, but also create job opportunities, and increase public safety for an overall economic impact.
City residents will vote on the proposed increase Jan. 14.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Warden who lives hundreds of miles from jail resigns
- BankPlus recognized for alternative program to payday lending
- Jail kitchen supervisor pleads guilty to stealing food
- Analyst: KiOR Columbus plant may end up sold as scrap
- Top 10 finalists chosen for C Spire Conerly Trophy
- Prison-contract task force working in wake of Epps' indictment
- Stricklin: Deer parasites don't affect quality of venison
- Bryant wants free tuition for students with technical diploma