by Associated Press Published: February 11,2013
Tags: budget, city government, convention, funding, hospitality, hotel, lodging, meeting, motel, municipal, municipality, Museum, music, restaurant, tax, tourism, tourist, vacation, visitor
TUPELO — Tourism tax receipts in Tupelo hit at least $300,000 benchmark in three of the first four months in the current fiscal year, the Tupelo Convention and Visitors Bureau says. The Northeast Mississippi Daily Journal reports tax revenue rose almost 4 percent for the fiscal year. November’s revenue was $311,809 — a record for [...] [...]
by Associated Press Published: February 8,2013
Tags: distribution, elecvtricity, energy, financial statement, generation, net income, power, publicly traded company, tax, utility
NEW ORLEANS — Electric power company Entergy Corp.’s fourth-quarter net income nearly doubled helped by lower income tax expenses. The New Orleans-based utility earned $296.3 million, or $1.66 per share, in the three months ended Dec. 31, up from $154.1 million, or 87 cents per share, in the same quarter last year. Excluding one-time items, [...] [...]
by Associated Press Published: February 6,2013
Tags: appropriation, bill, city governmkent, funding, lawmaker, legislation, legislative, legislator, local government, municipal, municipality, Sales Tax, state government, tax, taxpayer
JACKSON — A Mississippi House committee has given municipal officials what they’ve wanted for more than 20 years — a chance at passage of a local options sales tax. The House Ways and Means Committee yesterday approved a bill for a 1 percent local sales tax as a way to build parks, improve water systems [...] [...]
by MBJ Staff Published: January 31,2013
Tags: consumer confidence, economy, forecast, job, prediction, sales, study, survey, tax, work, worker
MISSISSIPPI GULF COAST — Confidence in the Mississippi Gulf Coast economy held steady in the fourth quarter of 2012, according to the CEO and Business Owners Confidence report from the Gulf Coast Business Council. “For the second consecutive survey, business leaders perceive a modestly improving economy,” said Jack Norris, president of the Gulf Coast Business [...] [...]
by Associated Press Published: January 31,2013
Tags: bill, city, community, legislation, legislator, Legislature, local government, municipal, municipality, Sales Tax, state government, tax, town
ACROSS MISSISSIPPI — Municipal officials are again proposing a 1 percent local sales tax as a way to build parks, improve water systems and get crumbling streets back into shape. They need a change in state law to move forward. Legislators have resisted local tax proposals for years, and it’s not clear whether 2013 will [...] [...]
by Associated Press Published: January 18,2013
Tags: bill, cirty government, community development, Convention Center, elected official, law, lawmaker, leader, legislation, legislative, legislator, Legislature, meeting and convention, municipal, municipality, official, politician, Politics, public official, state government, tax, tourism, tourist, visitor, warehouse
GREENWOOD — Officials have asked the Legislature to approve a 2-cent increase in the local lodging tax so the city of Greenwood can renovated a local warehouse into a convention center. It will be third time the city has asked for the increase. The Greenwood Commonwealth reports both previous times the request for a lodging [...] [...]
JACKSON — Mississippi officials are adopting a national system created by the Pew Center for the States to measure how much benefit a dollar of public spending creates. The system is first being set up to measure the effectiveness of criminal justice and corrections programs, but could be expanded to other areas in the future. [...] [...]
by Associated Press Published: January 16,2013
Tags: bank, banker, banking, city government, Commercial Real Estate, community development, economic development, finance, financial insitution, financing, municipal, municipality, outlet mall, retail, retailer, retailing, tax, taxpayer, tourism, tourist, visitor
SOUTHAVEN — Officials have extended the time frame of the $15-million tax increment financing plan for the proposed outlet mall in Southaven. The Commercial Appeal reports Mayor Greg Davis made clear the amount of funding was not changing, just the time period for the plan was being extended from 15 years to 20 years. Tax [...] [...]
by Associated Press Published: January 16,2013
Tags: bank, banker, banking, board of supervisors, bond, county government, default, elected official, finance, financial institution, health care, hispital, home, homeowner, homestead exemption, house, mill, millage, public official, residence, resident, supervisor, tax, taxpayer
NATCHEZ — Natchez Regional Medical Center wants to take Adams County’s taxpayers off the hook as cosigners for its revenue bond. The Natchez Democrat reports the Mississippi Development Bank in 2006 required the hospital to show collateral before it would reissue the revenue bond. Adams County pledged a 5-mill standby tax that would not be [...] [...]
by Associated Press Published: January 14,2013
Tags: appropriation, biull, budget, capital projects, construction, funding, government, law, lawmaker, leghislature, legislation, legislative, legislator, state, tax, taxpayer
JACKSON — Mississippi would spend $72.6 million in cash on various capital projects under a bill approved Friday by the state House. The move appears to concede to Lt. Gov. Tate Reeves’ wish that Mississippi begin paying for some needs out of its ongoing budget instead of borrowing through bonds. “Lt. Gov. Reeves is encouraged [...] [...]
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