- Associated Press - Thursday, September 3, 2015

JACKSON, Miss. (AP) - Experts say the city of Jackson will see a larger than expected decrease in property tax collections.

That will make work more difficult for officials writing a city budget.

The Clarion-Ledger reports (https://on.thec-l.com/1JQc6PR ) a preliminary estimate had been for a 0.1 percent reduction in tax assessment values, or a loss of $600,000 in revenue.

City administration director Trivia Jones says final figures anticipate a 0.3 percent reduction, or a loss of $900,000.

The city faces a Sept. 15 deadline to set a budget for the year that begins Oct. 1. Mayor Tony Yarber and the City Council have worked on a proposal that includes no increase in property tax rates, but is likely to require furloughs for most city workers one day a month.



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Information from: The Clarion-Ledger, https://www.clarionledger.com

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