North MS City Seeks Tax Hike
The city of Holly Springs will ask the Legislature to approve a local 1 cent sales tax with the proceeds supporting a large capital improvements program.
Mayor Andre DeBerry tells the South Reporter (http://bit.ly/A76KhE) that the levy would bring in about $171,428 a year.
DeBerry says the revenue would eventually produce $8 million to purchase equipment such as a town weather siren, heavy equipment for departments and police vehicles. The city also plans a new fire station.
Currently, the city collects a 2-cent tourism tax on restaurants and motels. It brings in about $130,000 a year with half going to fund tourism and the other half goes to retire debt on the Eddie Lee Smith Multi-Purpose Building.
