Tax shortfall burdens city budget - MSNewsNow.com - Jackson, MS

Tax shortfall burdens city budget

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By David Kenney - bio | email

JACKSON, MS (WLBT) - Some of the City of Jackson's leaders blame a giant shortfall in taxes on fleeing residents and businesses. 

Currently, the Jackson is facing a $10 million budget shortfall.  Tax collections are expected to continue to decline another five percent in the coming year, which has put pressure on the mayor to cut costs and raise money.

Public Financial Management, one of the firms that audited the city budget, suggested the city raise property taxes by 2 mills.  That would mean a $17 increase in taxes for an owner of a $85,400 home.

Some council members are reluctant to increase taxes because current residents wouldn't be getting any more in return.

"What were getting for that tax increase I haven't seen it.  The taxes are going up and up, and we're not seeing it returned to the citizens in re-surfaced roads, better infrastructure, more police officers that sort of thing," said City Ward One Councilman Jeff Weill.

Councilman Weill said 40 percent of ad-valorem taxes in the Capital City come from his ward.   He recommended cutting city government before putting more tax burdens on the residents.

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