- Associated Press - Thursday, September 11, 2014

PASCAGOULA, Miss. (AP) - Pascagoula leaders are expected to approve a 2.5-mill tax increase for infrastructure work when they approve the city’s fiscal year 2015 budget next week.

City Clerk Bobby Parker tells The Mississippi Press (https://bit.ly/1uJF6TH) revenue generated from the tax increase will go straight into a bond and interest fund that will be used to repay the $15 million the city decided to borrow for drainage, street, sidewalk and other infrastructure projects and repairs to the city’s water, gas and sewer systems.

Parker says the bond issue represents Pascagoula’s biggest ticket item in the proposed 2015 budget.

The Pascagoula City Council on Monday is expected to approve the about $62 million budget.


Information from: The Mississippi Press, https://www.gulflive.com

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