Mississippi Business Journal » tax collection

Mayor wants tax increase to pay for sportsplex

Associated Press — Mon, 06 May 2013 13:12:27 +0000

BRANDON — Mayor Butch Lee is proposing a 2 percent additional tax on food and beverage sales at Brandon restaurants to pay for a multi-field complex focused on baseball. He says the goals are to allow the city’s Shiloh Park to convert more to soccer and girls fast-pitch softball. He tells The Clarion-Ledger a sportsplex would [...]

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Survey: State lost $616.5M in online sales taxes over last five years

Associated Press — Thu, 25 Apr 2013 11:15:36 +0000

ACROSS MISSISSIPPI — Mississippi lost at least $616.5 million in online sales tax collections during the five-year period from 2007 until 2012, a survey says. Mississippi and other states could soon have the option to collect sales taxes on Internet purchases if the U.S. Senate approves, as expected, the Marketplace Fairness Act, legislation that would [...]

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City faces shortfall as tax collections continue to decline

Associated Press — Mon, 01 Apr 2013 11:50:10 +0000

COLUMBUS — Sales tax collections continue to lag behind last year’s revenue, raising questions about whether the city will have to amend its budget or dip into reserves to make up the difference. The Commercial Dispatch reports January revenue was reported at about $626,000, a drop of more than $24,000 from the same period in [...]

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Lawmakers turn attention to sticky budget year

Associated Press — Thu, 21 Feb 2013 12:50:10 +0000

JACKSON — Mississippi lawmakers are pushing forward with early proposals for the budget year that begins July 1, and many agencies are likely to receive less money than they’re requesting. The $5.5-billion spending plan will be about 1 percent bigger than it is now, with most of the increase going toward state employees’ retirement. Education [...]

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State looking for nearly $395M in back taxes, interest, penalties

Associated Press — Mon, 19 Nov 2012 15:42:02 +0000

ACROSS MISSISSIPPI — The Department of Revenue has dunned 154,300 taxpayers for a total of nearly $395 million in back taxes, interest and penalties, The Northeast Mississippi Daily Journal reported. The department has collected $1.2 million mailed by 4,000 taxpayers, department spokeswoman Kathy Waterbury said last week. She didn’t know how many paid online, or [...]

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Leaders call $5B revenue estimate ‘conservative’

Associated Press — Tue, 13 Nov 2012 13:00:26 +0000

JACKSON — Gov. Phil Bryant and top lawmakers say they’ve set a conservative estimate that the state can spend about $5 billion in the coming year. Bryant met yesterday with the Joint Legislative Budget Committee. They agreed on a 1.4 percent increase in the revenue estimate for the current year, which ends June 30. The [...]

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City’s tax collections up; looking to lease golf course

Associated Press — Mon, 29 Oct 2012 12:18:14 +0000

GREENVILLE — Though there were some hiccups in revenue collections for some city departments during the 2011-12 fiscal year, Greenville ended up with about $122,000 more in collections than the previous year. Steve Osso, the city’s external financial consultant, tells The Delta Democrat Times Greenville brought in almost $15.8 million over the period compared to [...]

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Town to use sales tax collections to pay off loan from state

Associated Press — Mon, 15 Oct 2012 11:29:54 +0000

SUMMIT — The Summit Town Council has agreed to divert more than $7,000 in monthly sales tax revenues to pay off a $1.4-million debt to the Mississippi Department of Environmental Quality, which is bankrolling the town’s new wastewater treatment facility. Town Clerk Pat Whittington tells the Enterprise-Journal DEQ officials stipulated in their loan agreement with [...]

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County to sell hundreds of tax-delinquent mobile homes

Associated Press — Fri, 12 Oct 2012 11:12:38 +0000

MERIDIAN — Lauderdale County plans to sell off more than 200 mobile homes for which taxes are still owed. Tax collector Stanley Shannon tells The Meridian Star if the taxes aren’t paid by the day before the tax sale, then the mobile home will be auctioned off to the highest bidder. Shannon says there is [...]

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Supervisors vote in 2.5-mill tax increase to cover budget

Associated Press — Thu, 27 Sep 2012 12:16:45 +0000

MADISON COUNTY — For the second time this month, The Clarion-Ledger reports Madison County supervisors approved a tax increase to fund next year’s budget, despite protests from residents who urged officials to live within their means. The Board of Supervisors voted 3-2 in a special meeting yesterday to approve an increase in the tax levy [...]

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