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Hernando aldermen vote to approve 10...

Hernando aldermen vote to approve 10 percent tax increase

By: Magnolia Tribune - September 2, 2015

Hernando OK’s tax hike

Hernando aldermen on Tuesday night handily approved a tax increase – the first in at least 20 years – that will fund sorely needed road, infrastructure, safety and parks improvements and finance a $4.5 million bond issue for those purposes.

Aldermen approved the 10-percent hike in the ad valorem property tax rate by a vote of 5-1, with one abstention.

DeSoto Times
9/1/15

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Magnolia Tribune

This article was produced by Magnolia Tribune staff.