Details for 1556320.pdf

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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.

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