Posts Tagged ‘tax collection’

Public universities asking lawmakers for $72.4M budget increase

ACROSS MISSISSIPPI — Mississippi’s institutions of higher learning have asked lawmakers for $72.4 million more for the fiscal year that begins next July 1. “We’ve made a lot of cuts. We have consolidated programs. Now we have hit a wall,” higher education commissioner Hanks Bounds told members of the Joint Legislative Budget Committee yesterday. Bounds […] [...]

Webb thinks state’s economy has slipped into recession

JACKSON — State economist Darrin Webb says Mississippi probably slipped into recession between April and June during the 2nd quarter of 2012. Because of weak jobs numbers and other factors, he expects it to remain there in the 3rd quarter, which ends this month. But he said it could improve in the final three months […] [...]

Supervisors’ proposed budget could mean higher taxes

NATCHEZ — If the Adams County Board of Supervisors approves its proposed budget for fiscal year 2013, taxpayers could see their taxes go up ever so slightly. While the budget currently being considered by the supervisors kept the county millage for 2012-2013 at the same rate as the current year, the Natchez-Adams County School District’s […] [...]

Church still defiant as court hears congregation’s appeal

HOLLY SPRINGS — A tiny Mississippi congregation is fighting a city’s attempt to ban churches from the town square, a move that the pastor said is aimed at preventing the church from taking up valuable space for shops and other businesses. The 5th U.S. Circuit Court of Appeals heard arguments in the case Wednesday. The […] [...]

School board approves tax-increase resolution

NATCHEZ — The Natchez-Adams School District Board of Trustees has approved a resolution for an increase in ad valorem tax funding of $565,000, which will be given to the Adams County Board of Supervisors to be converted into a millage. The Natchez Democrat reports the funding was included in the district’s $39.8 budget for the […] [...]

County sets public hearing to discuss proposed budget

HERNANDO — The DeSoto County Board of Supervisors has set Sept. 4 for a public hearing on the proposed fiscal 2013 $102 million county budget. The proposal calls for a 3 percent raise for county employees and no millage rate increase. The Commercial Appeal reports supervisors discussed the proposed budget during a lengthy meeting that […] [...]

Mayor’s plan won’t raise taxes, but increases spending

JACKSON — Jackson Mayor Harvey Johnson Jr.’s proposed budget won’t raise taxes or utility rates on residents in 2013, but promises a 50 percent increase in spending on projects that target the city’s crumbling infrastructure. If the Jackson City Council adopts the mayor’s recommendation, The Clarion-Ledger reports there will be no raises for city employees […] [...]

City sets new all-time high in tourism-related tax collections

OXFORD —Tourism-related taxes hit an all-time high in April in the city of Oxford. Figures presented at a recent Oxford Tourism Council meeting showed the hotel and motel tax for April 2012 climbed 27 percent compared to the month of April in 2011 with $22,838 in taxes collected. April tends to be one of the […] [...]

Auditor tells Coast city leaders to stay out of reserves

OCEAN SPRINGS — Auditors have told Ocean Springs to avoid — if they can — dipping in cash reserves in preparing a new city budget. City leaders borrowed $1.7 million from the city’s reserves last year, leaving $822,000. Auditors told the board of aldermen that good financial practices recommend a reserves balance of $2.7 million […] [...]

City’s year-over-year sales tax collections up nearly 10%

NATCHEZ — Sales tax collections in May for the city of Natchez increased 9.5 percent over May of last year. The Natchez Democrat reports it was the 10th month of an upward trend in sales taxes for Natchez. Overall sales tax collections totaled approximately $447,780, up approximately $38,980 from the $408,800 collected in May 2011. […] [...]

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