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Showing posts from January, 2012

Where Mississippi cities get their money.

The Mississippi Municipal League recently surveyed 50 cities in Mississippi regarding their source of revenue. In an article by Shari Veazey published in the current (Vol.60. No. 4) issue of Mississippi Municipalities magazine , here is a list of sources or revenues and the percentages: 31%….. Sales Tax 24%….. Property Tax 17%….. Miscellaneous 14%….. intergovernmental Revenue 8%…… Franchise fees, license and permits 6%…… Fines and Forfeitures This particular issue of Mississippi Municipalities Magazine is entitled How Mississippi Cities Work . I recommend it highly for anyone who wants to better understand the subject.