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Tag Archives: tax

County's assessed value of property nears high-billion dollars

PURVIS — With solid growth for the past 20 years, the assessed value of property, homes and other assets in Lamar County is approaching the half-billion dollar mark, continuing to bolster county revenue. The Hattiesburg American reports the county’s current assessed valuation, the total of taxable property, stands at over $498 million, up more than $7 million from 2012. In ...

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City to vote on proposed 2 percent hike in restaurant tax

BRANDON — Residents are heading to the polls in Brandon to vote on a 2 percent restaurant tax that would raise the 7 percent sales tax to 9 percent on prepared food and beverages. If approved, the gross proceeds from the tax will go toward developing tourism and recreation in the city. The Clarion-Ledger reports Tuesday’s voting will take place ...

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State sets new tax revenue record of $5B

JACKSON — Mississippi’s tax revenues have recovered from the recession, approaching the $5-billion mark for the first time. State Department of Revenue figures show tax receipts grew 5 percent in the 2013 budget year, which ended Sunday. That’s a state record, and the first time revenues have exceeded their 2008 total of $4.83 billion since the recession began. The strong ...

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Delta city using tax increment financing for improvements

GREENWOOD — The city of Greenwood has devised a plan to help private developers pay for street, lighting and other improvements to the public infrastructure — tax increment financing. The Greenwood Commonwealth reports the city council approved the plan last week. TIF is a public financing method that provides communities with a means to fund redevelopment and infrastructure improvements. A ...

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Delta road project getting opposition from residents

GREENWOOD — Plans for the first phase of the anticipated Viking Road connector are underway, but some Leflore County taxpayers wish they weren’t. The proposed road is supposed to connect Mississippi Highway 7 to U.S. Highway 49, but the plan has been split into two phases because of a lack of funding. Phase I will connect Mississippi 7 to the ...

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Supervisors to talk about rising costs, dwindling budget

BILOXI — Mississippi supervisors gather on the Gulf Coast next week to talk about roads and bridges, economic development, water resources and other issues. The core issue is money. Counties, just like municipalities, are faced with dwindling tax bases and rising costs. Something has to be done without harm to the taxpayers, says Steve A. Davis, director of governmental affairs ...

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County wants Entergy customer records; utility says it's 'fishing'

MADISON COUNTY — County officials are seeking customer information on 25,000 Madison County residents from Entergy Mississippi in an ongoing investigation of homestead exemption fraud, but the utility is fighting what it calls “a fishing expedition” in a case before the Mississippi Supreme Court. “The only thing we’re asking from Entergy are regularly kept business records,” said Madison County District ...

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City wants schools to cut millage while it raises taxes elsewhere

OCEAN SPRINGS — Aldermen say they’d like to meet with Ocean Springs school officials to discuss with them the urgency in reducing school taxes. Alderman Jerry Dalgo says the best solution to the city’s financial crunch is for the school district to come down on its millage for the coming fiscal year, which would in turn allow the city to ...

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Schools want tax money; district in near $1M hole

NATCHEZ — The Natchez-Adams School District may ask taxpayers for more money next year. “The question now is how much and not if,” school board President Wayne Barnett said. “When (Superintendent Frederick) Hill looks at you and says, ‘I’ve cut all I can cut without affecting the quality of education,’ you have to listen to him.” The Natchez Democrat reports Hill ...

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Education spending report adds to funding debate

ACROSS MISSISSIPPI — At least once a year, Mississippi lawmakers have the same basic argument about education funding. One side says: You can’t fix public schools by throwing money at them. The other side retorts: How would anyone know? The state has never tried it. A new report from the Census Bureau provides fodder for the debate. While it doesn’t ...

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