CORINTH – Belt-tightening in Corinth’s 2010-2011 budget is reflected in a 10 percent cut in allocations for agencies looking for help from the city.
In the budget, which was approved Wednesday by the Board of Aldermen, The Alliance economic development agency and Northeast Mississippi Community College were spared cuts and will continue to receive the funds from their millage allocations of 2 mills and 1.5 mills.
The proposed budget is almost $13 million for the coming fiscal year, which begins Oct. 1.
The tax rate of 95 mills inside the city remained the same as 2009-2010, and the school district tax rate of 59.2 mills outside city limits also did not change.
A mill is $1 in tax for every $1,000 of assessed value, and applies to homes, auto tags, utilities, business fixtures and equipment as well as rental and real property.
City employees will receive a 2 percent pay raise, but officials imposed a hiring freeze to offset the cost and a 10 percent cut in overtime.
Specifically, a department may not replace an employee until it has a third vacancy.
Agencies whose allocations were reduced for the coming fiscal year include the Corinth-Alcorn County Airport, the county health department, county soil and water conservation, Crossroads Arena, Our Resource Center mental health, Verandah-Curlee House, the animal shelter, C.A.R.E. Honor Garden, Keep Corinth Beautiful, Main Street Corinth, Crossroads Museum and veterans services.
City revenues for 2009-2010 were down more than $800,000 from projections, and City Clerk Vickie Roach said they do not anticipate any improvement for 2010-2011.
Contact Lena Mitchell at (662) 287-9822 or email@example.com.
Lena Mitchell/NEMS Daily Journal