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Tag Archives: taxes

City leaders approve tax hike to fund schools

GREENWOOD — The Greenwood City Council has approved a $25.5-million budget for the school district that includes an increase in the school tax rate while also approving a $10.6-million general fund budget that keeps the city tax rate the same. City Clerk Nick Joseph tells The Greenwood Commonwealth that the school district’s new budget contains a 3.5-mill tax increase, roughly ...

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State tax collections beat expectations again

ACROSS MISSISSIPPI — Mississippi tax collections beat expectations in August for the second month in a row, but state leaders said it’s too soon to declare the state economy has rebounded from the recession. Department of Revenue spokeswoman Kathy Waterbury said yesterday that preliminary numbers showed all three major tax categories — sales, individual income and corporate income — were ...

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Delta city's budget contains no tax increases

GREENWOOD — Greenwood City Clerk Nick Joseph says there’s good news in the city’s proposed 2011 general fund budget. There will be no tax increases. Joseph tells The Greenwood Commonwealth it’s a balanced budget without using reserves. He said few cities the size of Greenwood are able to say that in the face of tough economic times. He said the ...

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School board votes in Hub City tax hike

HATTIESBURG — Hattiesburg Public School District Board of Trustees has voted to increase the ad valorem tax millage rate by 3.25 mills. The hike approved 5-0 yesterday will boost the millage rate from 51.75 mills to 55 mills. The board is requesting the city levy a millage high enough to raise just over $16 million for the school district. The ...

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Vacant plant gets tax break from supervisors

LAFAYETTE COUNTY — The Lafayette County Board of Supervisors has reduced the property tax assessment on the Whirlpool Corporation’s empty building and idle land from $13 million to $7.75 million. While Whirlpool was open, it was exempt from paying ad valorem taxes — except for school taxes — as an industry incentive. Once it closed its doors in 2009, the ...

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Senators concerned about tax breaks for attorneys

WASHINGTON — Senators Thad Cochran and Roger Wicker (R-Miss.) have aired their concerns about the possibility that the U.S. Treasury Department is planning to provide tax breaks for trial lawyers without congressional action. Cochran and Wicker were among 24 Senators who sent a letter to Treasury Secretary Timothy Geithner to express concern over reports about the tax breaks for trial ...

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Coast city decides not to raise citizens' taxes

LONG BEACH — Like other cities on the Gulf Coast, Long Beach’s budget is tight, but city officials will not raise residents’ taxes next year. Mayor Billy Skellie tells The Sun Herald that the city is getting slightly more money from taxes on new homes and businesses, but the tax rate will remain the same. Skellie said some residents were ...

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GranthamPoole named Intuit Solution Provider

RIDGELAND — GranthamPoole CPAs has been selected as an Intuit Solution Provider by Intuit Inc., the maker of QuickBooks. GranthamPoole offers a full range of value-added consulting services for Intuit business and financial management solutions. The Intuit Solution Provider Program will enable GranthamPoole to better serve local small and mid-market businesses through the sale, implementation and service of Intuit solutions. ...

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Northrop Grumman awarded five-year tax break

GULFPORT — Harrison County supervisors have given Northrop Grumman a five-year tax exemption for equipment purchased for its $16 million improvement project at the company’s Gulfport operation. Larry Barnett, director of the Harrison County Development Commission, told The Sun Herald that the exemption applies only to the upgrade, which equals about $89,000 in county taxes. Northrop Grumman officials said they ...

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School board holds no-vote on tax hike

NATCHEZ — The Natchez Adams School Board has approved a $45-million proposed budget, but the board did not vote on a proposed tax increase. The Natchez Democrats reports the proposed budget includes the 2.91 millage rate increase, but board member Benny Wright suggested Superintendent Anthony Morris cut half the cost of the tax increase from the budget. Wright indicated a ...

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