Jonesboro residents might receive an unwelcome gift this Christmas: the resurrection of their property taxes.
According to the Clayton News-Daily, the proposed $2.58 million city budget includes revenue projections of $166,182 in property taxes.
Reinstating Jonesboro’s property taxes could help avoid city employees having to accept pay cuts and/or furlough days, and conceivably save jobs. As per the AJC, Jonesboro Councilman Bobby Wiggins estimated a one mil increase would generate $86,000, but the city needs at least three mills to help close the gap. It has been four years since residents in the city of Jonesboro paid property taxes.
But even with the revenue generated from property taxes, budget cuts will still need to be made and the number of special events residents have come to enjoy will be reduced. You can view the proposed budget at Jonesboro City Hall (124 North Avenue).
A public hearing will be held at the Jonesboro Police Department (170 South Main Street) on December 28 at 5:00 p.m. to further discuss the proposed budget.
Jonesboro residents: will you attend the public hearing? Do you have any alternative suggestions for balancing the budget that do not include bringing back property taxes?
Have a Merry Christmas Clayton!