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
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.