City Of Jackson: Public Hearing On Fiscal 2021-2022 Budget And Taxes

Press release from the City of Jackson:

August 30, 2021

NOTICE OF A PUBLIC HEARING ON THE PROPOSED BUDGET AND PROPOSED TAX LEVIES FOR THE UPCOMING FISCAL YEAR FOR CITY OF JACKSON, MS

The City of Jackson, Mississippi will hold a public hearing on its proposed budget and proposed tax levies for fiscal year 2021-2022 on Thursday, September 2, 2021 at 6:00 p.m. in Council Chambers located in City Hall, 219 South President Street, Jackson, Mississippi 39201.

The City of Jackson, Mississippi is now operating with projected total budget revenue of $423,847,140 (17.7 percent) or              $75,253,385 of such revenue is obtained through ad valorem taxes. For next fiscal year, the proposed budget has total projected revenue of $399,326,359. Of that amount, (18.5 percent) or $75,277,627 is proposed to be financed through a total ad valorem tax levy.

For the next fiscal year, the City of Jackson plans to increase your ad valorem tax millage rate by 3.00 mills from 63.03 to 66.03 mills.  This means that you will pay more in for ad valorem tax millage means that you will pay more in ad valorem taxes on your home, automobile tag, utilities, business fixtures and equipment and rental real property.

Any citizen of City of Jackson is invited to attend this public hearing on the proposed budget and tax levies for fiscal year 2021-2022, and will be allowed to speak for a reasonable amount of time and offer tangible evidence before any vote is taken.

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This press release was produced by the City of Jackson. The views expressed here are the author’s own.