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Sales Tax Diversions

Four 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 (like Gluckstadt) 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 $1,962,336 $2,307,485 $345,149 17.59%
Flora $229,359 $272,248 $42,889 18.70%
Madison $6,214,838 $6,690,019 $475,181 7.65%
Ridgeland $8,839,686 $9,534,140 $694,454 7.86%
TOTAL $17,246,219 $18,803,892 $1,557,673 9.03%

May Sales Tax Diversions

2020 2021 Gain/(Loss) % Change
Canton $278,574 $334,709 $56,135 20.15%
Flora $33,865 $34,399 $535 1.58%
Madison $757,092 $914,508 $157,416 20.79%
Ridgeland $1,084,567 $1,408,575 $324,008 29.87%
TOTAL $2,154,098 $2,692,192 $538,094 24.98%

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