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Sales Tax Diversions

Five municipalities in Madison County individually report monthly sales tax receipts to the Department of Revenue (DOR). The DOR returns a percentage of the sales tax back to the municipalities. The percentage of money returned to the municipalities is based on legislation. Sales tax from the unincorporated areas of the County go to DOR and all the money goes to the state’s general fund (no percentage is returned to the unincorporated areas). The State of Mississippi collects 7% sales tax. Municipalities receive 18.5% of the 7% sales tax that the State of Mississippi collects.

Sales Tax Diversions Year to Date (Fiscal Year: Oct. – Sept.)

2019/2020 2020/2021 Gain/(Loss) % Change
Canton $2,851,702 $3,312,534 $460,832 16.16%
Gluckstadt $180,191  —
Flora $332,278 $384,360 $52,082 15.67%
Madison $8,533,311 $9,318,223 $784,912 9.20%
Ridgeland $12,182,300 $13,660,577 $1,478,277 12.13%
TOTAL $23,899,591 $26,855,884 $2,956,293 12.37%

August Sales Tax Diversions

2020 2021 Gain/(Loss) % Change
Canton $304,405 $318,215 $13,810 4.54%
Gluckstadt $180,191
Flora $32,578 $37,271 $4,693 14.41%
Madison $826,859 $831,093 $4,234 0.51%
Ridgeland $1,208,959 $1,371,262 $162,303 13.42%
TOTAL $2,372,800 $2,738,031 $365,231 15.39%

For previous month sales tax diversion numbers, please contact Lauren Scheel lscheel@madisoncountyeda.com.

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