The city of Jackson will again seek money from state lawmakers to offset revenue losses calculated at $14 million from having a large amount of untaxed property.
Council members also said during Monday’s Legislative Committee hearing that they’ll seek the state’s permission to increase from $20 to $50 the minimum cost of privilege licenses sold to businesses as a revenue generator.
The city has had money woes since early this year. The administration is seeking $2.9 million to cover a deficit created when Mayor Frank Melton did not enact a water and sewer rate increase included in the fiscal 2008 budget.
About the Author(s)
Magnolia Tribune
This article was produced by Magnolia Tribune staff.
More Like This
More From This Author
Previous Story
Next Story
News
|
Lisa Mascaro, Associated Press
, Mary Clare Jalonick, Associated Press
, Leah Askarinam, Associated Press
•
July 3, 2025
The House gives final approval to Trump’s big tax bill and sends it to him to sign
Republicans overcame multiple setbacks to approve his signature second-term policy package Thursday before a Fourth of July deadline.