The state’s third annual no-tax weekend is set for Friday and Saturday.

“This is about our third biggest sale of the year,” said Kawaski Davis, area sales manager for Belk in the Vicksburg Mall.

During the tax-free period, which runs from midnight Friday to midnight Saturday, the state’s regular 7 percent sales tax will be waived on clothing and shoes priced at $100 or less. For example, a pair of shoes that cost $20 would normally have a 7 percent sales tax, or $1.40 tagged on. During the two-day no-tax holiday, that $1.40 is waived so the final cost of the pair of shoes is $20. Accessories, jewelry, backpacks and computers are ineligible. A complete list of items is on the Mississippi Department of Revenue’s website, www.dor.ms.gov.

In Vicksburg, the no-tax holiday will fall on the first weekend of the Governor’s Cup, a regional youth baseball tournament held at Halls Ferry Park and run by the Vicksburg Warren Athletic Association.

“We’re going to have a huge tent sale,” said Sports Center owner Jason Martin-Nez. “We’re expecting a packed house with the no-tax holiday being the same weekend.”

More than 40 teams are expected tournament, which spans two weekends and is scheduled to conclude on Aug. 7.

Vicksburg receives 18.5 percent of all sales taxes collected by businesses in the city limits.

The city saw a nearly 11 percent drop in sales tax revenue in May, the latest month for which figures are available, compared to May 2010. A total of $7,138,314 has been collected this year, about 1.3 percent lower than the same time in 2010.