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Tag Archives: tax reduction

Supervisors want to reduce property tax rates

OXFORD — The draft 2012 budget reduces tax rates for Lafayette County property owners from 2011’s 33.79 mills to 26.5 mills. The Northeast Mississippi Daily Journal reports supervisors hope to reduce the budget by eliminating most periodic bond payments, using part of the county’s $30-million hospital-sale proceeds to pay off long-term debts. The county and the City of Oxford last ...

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