MERIDIAN, Miss. (WTOK) - Money and taxes was once again a main topic during Tuesday's city council work session in Meridian.
The internet sales tax implemented in 2018 says the state collects a 7 percent tax on the sale of most retail items, regardless of whether the item is purchased in a traditional brick and mortar store or via the internet.
Over the past year, the internet tax has brought in $50 million for Mississippi. The first $3 million will be divided evenly among cities in the state. As of this month, Meridian has already received $168,000. Overall, it will receive $336,000 by the end of 2020.
"It's going to allow us to do more infrastructure things, including paving. That is going to be one of our top priorities. You know, we've heard the complaints from the people of Meridian, and we want to make sure we're answering that call. There are some things that we kind of planned to do with the money prior to getting the O.K., and we learned today that there may be some limitations in what we can do,” says council vice-president, Kim Houston.
The funds can only be used for bridges, water systems, sewage, and repairs for existing roads. Tuesday's agenda also called for updates on projects happening across the city in 2020 and discussion of a water meter ordinance change for vacant rental properties. That will be voted on at the next meeting.