Many local governments go through the strategic planning process and set goals for the coming year or for the current administration. unfortunately, most do not. Nevertheless, the county or municipality has gone through another process that results in the listing of priorities of the administration. It is known as the budgeting process. And that’s where the county or local governments priorities can be found – in the budget.
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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.
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Tagged funding of cities, how cities are funded in Mississippi, mississippi municipal league, Mississippi Municipalities magazine, Shari Veazey, where cities get their money, where mississippi cities get their money