Details for 1556320.pdf
NOTICE OF PROPOSED AD VALOREM TAX EFFORT Itawamba County School District The Itawamba County School District will hold a public hearing on its proposed school district budget for fiscal year 2021 - 2022 on July 26, 2021 at 2:00 p.m. at the Board of Education meeting room, Itawamba County School Distict, 605 South Cummings Street, Fulton, MS 38843. At this meeting, a proposed ad valorem tax effort will be considered. The Itawamba County School District operated with a projected total budget revenue of $31,884,057.02 for the 20/21 school year. Of that amount, 21.35 percent or $6,808,206 of such revenue is obtained through ad valorem taxes. For 21/22 fiscal year, the proposed budget has total projected revenue of $39,908,408. Of that amount, 17.50 percent or $6,984,412 is proposed to be financed through a total ad valorem tax levy. For the next fiscal year, the proposed increase in ad valorem tax effort by Itawamba County School District may result in an increase in the ad valorem tax millage rate. Ad valorem taxes are paid on homes, automobile tags, business fixtures and equipment, and rental real property. Any citizen of Itawamba County School District is invited to attend this public hearing on the proposed ad valorem tax effort, and will be allowed to speak for a reasonable amount of time and offer tangible evidence before any vote is taken.