Main Street millage earns renewal
Published 6:42 pm Sunday, August 27, 2017
The special 5.05 mill property tax on commercial property for Vicksburg Main Street will continue for another year.
The Board of Mayor and Aldermen approved levying the special tax after a public hearing where no one objected to its renewal. The special levy, which is assessed of businesses in the Main Street taxing district, is expected to generate $45,000 in revenue for Main Street.
The millage revenue comprises a portion of Main Street’s budget, which is supplemented by the city to cover salaries and benefits and other costs not covered by the millage. The city’s fiscal 2017 supplement was $247,313.
“This is the 33rd year we’ve come before you to approve the special levy for the downtown taxing district,” said Harry Sharp, treasurer for the Main Street Board of Directors.
He said the money is used to purchase supplies and advertising to support and promote Main Street, adding Vicksburg’s program was the first Main Street program in Mississippi.
The Vicksburg Main Street Program Taxing District encompasses much of downtown starting east on First East Street cutting south on Cherry Street moving east one block on China Street and continuing south on Adams Street incorporating Carr Central School and picking back up on Monroe Street. It goes north on Monroe and turns west down Bridge Street and continues east on Depot Street before it turns back north on Pearl Street and stops at the end of the street.