Southaven Mississippi Sitting Pretty With Sales Tax Revenue
- Apr 20, 2012 | Susan McLain
Southaven Mississippi “…has receive its largest sales tax revenue in the city’s 32-year history.” Mayor Greg Davis says, “…the city has averaged $1 million in sales tax collections over the past six months.”
Sales tax is a main source of revenue for Southaven. Last year, they collected $11.6 million in sales tax revenue. According to the Fiscal Year 2011 Budget Highlights 34% of the general fund comes from sales tax; and the general fund makes up 62% of the budget funds. The largest budget item funded by the general fund is public safety, taking 60% of the general fund.
However, the city states that the sales tax revenue continues at “pre-2007” levels.
Get Free Tax Rate Tables
Sales tax rates, rules, and regulations change frequently. Although we hope you'll find this information helpful, this blog is for informational purposes only and does not provide legal or tax advice.
Avalara Author
Susan McLain
Avalara Author
Susan McLain
Susan McLain began her career as a technical writer in technology industries such as satellite networking and medical devices. Her skills encompass technical and marketing writing, usability engineering, verification and validation testing and protocol writing, requirements development, business analysis, technical illustration/graphic design and marketing. She has owned her own business providing service to small to medium sized business and in other positions, she has been in project management, documentation and marketing. She is currently the content specialist for Avalara helping to “make sales tax less taxing.”
