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Tag Archives: tax

Schools to dip into reserves; won't request tax increase

HATTIESBURG — The Forrest County School District will not request a millage increase for 2012-13, but will instead use money from its reserve fund to pay for extra expenses in its budget. The Hattiesburg American reports the school district’s budget for the upcoming school year is $24.9 million, up from last year’s budget of $23.9 million. The district has 2,300 ...

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Public universities asking for an additional $72.4M

AROUND MISSISSIPPI — Mississippi’s eight public universities want an additional $72.4 million in budget year that starts in July 2014. Higher Education Commissioner Hank Bounds told the College Board the schools need money to increase faculty salaries and cover pension contributions. State money to universities will fall $32 million to $670 million in the 2013 budget year beginning this July ...

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MDA leads all state entities in travel abroad

JACKSON — The Mississippi Development Authority is far and away the state’s leader in government travel abroad. At least 57 MDA officials since fiscal year 2004 have made hundreds of trips spanning the globe, all in the name of economic development. Officials have made trips to aviation shows in France, England and Germany; to the annual blues music festival in ...

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Officials lobbying School Board for tax increase to meet budget

PURVIS — The Lamar County School District is asking for a millage increase to balance its budget for the 2012-13 school year. The Hattiesburg American reports Superintendent Ben Burnett and district CFO Jennifer Hession presented the proposed budget to the Lamar County School Board yesterday. The school district’s proposed budget is $77.8 million, up from last year’s budget of $73 ...

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Justice Department investigating Golden Triangle tax preparer

COLUMBUS — The Justice Department is seeking to shut down a tax preparer, who runs a business in Columbus. Yesterday, federal prosecutors said they filed a federal civil injunction suit to bar Cynthia H. Carter from preparing federal tax returns for others. Prosecutors say Cynthia’s Tax Service prepares returns for customers who report false income and expense amounts and falsely ...

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Supervisors deny tax exemption to GCP Laboratories

GULFPORT — Harrison County supervisors have voted 3-2 to deny a Gulfport business a five-year tax exemption. Board members who voted against the resolution yesterday said because it is not a new business, the county would lose money by allowing the exemption. Bill Hessell of the Harrison County Development Commission tells The Sun Herald GCP Laboratories took over a similar ...

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Thompson wants hearing on activities of Mo Money Taxes

MEMPHIS, Tenn. — Congressmen from Virginia and other states are calling for a congressional hearing into a tax preparation firm that has received numerous complaints when customers did not receive their tax returns. Virginia Congressmen Bobby Scott and Scott Rigell joined Reps. Steve Cohen of Tennessee and Bennie Thompson of Mississippi in writing to the chairman of the House Judiciary ...

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City to ask for tax hike to fund capital improvements

HOLLY SPRINGS — The city of Holly Springs will ask the Legislature to approve a local 1 cent sales tax with the proceeds supporting a large capital improvements program. Mayor Andre DeBerry tells the South Reporter the levy would bring in about $171,428 a year. DeBerry says the revenue would eventually produce $8 million to purchase equipment such as a ...

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