Voters overwhelmingly approve new sales tax
Published: January 15,2014
JACKSON — City of Jackson voters have overwhelmingly approved a one percent sales tax in what city leaders hope will represent a turning point in their push to reverse decades of urban decay.
With 97 percent of the precincts reporting yesterday evening, The Clarion-Ledger reports some 90 percent of voters had voted in favor of the tax.
Mayor Chokwe Lumumba has said 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 until the tax expires in 20 years.
Lumumba said the local tax will not only improve infrastructure, but also create job opportunities, and increase public safety for an overall economic impact.
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
- (UPDATED) Making Jackson-Evers affordable to Allegiant is key to regaining Orlando service
- Congressional delegation applauds Air Force's decision on Keesler, but not satisfied
- Deal for Jackson-Orlando flights in works with Allegiant
- County rescinds gun ban; sheriff says lawmakers may 'deal with the consequences'
- Businessman involved in Frankel insurance scam dies at 81
- Report: Mississippi sees biggest hike in home insurance premiums in U.S.
- Giles Ward will not seek reelection to Senate
- Great River Industries moving headquarters to Natchez
- Commission to decide if emergency should be declared in Delta school system
- Leadership in Law nomination form