The Madison Count Board of Supervisors will hold a public hearing on its proposed budget and on a proposed ad valorem tax revenue increase for fiscal year 2009 on Tuesday, September 2, 2008 at 9:00 a.m. in the board room of the Madison County Office Complex at 125 W. North Street. Canton, Mississippi.
The Madison County Board of Supervisors is now operating with a projected total budget revenue of $59,075,686. (Forty-five percent) or $26,638,883, of such revenue is obtained through ad valorem taxes. For next fiscal year, the proposed budget has total projected revenue of $69,798,446. Of that amount, 45 percent or $31,556,839, is proposed to be financed through a total ad valorem tax levy.
For next fiscal year, the Madison County Board of Supervisors plans to increase your ad valorem tax millage rate by 3.33 mills from 32.30 mills to 35.63 mills. This increase means that you will pay more in ad valorem taxes on your home, automobile tag, utilities, business fixtures and equipment and rental real property.
Any citizen of Madison County is invited to attend this public hearing on the proposed ad valorem tax increase, and will be allowed to speak for a reasonable amount of time and offer tangible evidence before any vote is taken.
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County Administrator Donnie Caughman
Canton, MS 39046
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