Assessed value of property down slightly
Tunica County Tax Assessor/Collector Norma Anderson delivered the 2014 tax rolls to the courthouse last Monday, but she and tax consultant Bill Bryant also brought sobering news to supervisors: the assessed value of real and personal property in the county is down.
In 2013, the total assessed value of property was just over $255 million, but for 2014, that value has declined to $251 million. Personal property took the biggest hit, dipping to $68 million from $90 million.
“We have to depreciate personal property every year and real property every four years,” Bryant told the Board of Supervisors. “Personal is $68 million, a decrease from $90 million because of depreciation.”
Board to terminate Tunica Arena lease
A lengthy – and often heated – discussion at Monday morning’s meeting of the Board of Supervisors ended with a vote to bring management of the Tunica Arena & Exposition Center into the county fold.
County administrator Michael Thompson recommended that “the arena becomes an enterprise fund...terminate the lease (with Tunica County Arena & Exposition Center, Inc., a nonprofit) and renegotiate the lease or not.”
District 4 supervisor Henry Nickson moved to “bring the arena into an enterprise fund scenario to track revenues and expenses, become a county department...to cancel the lease and move the bank account to First Security.” Supervisor McKinley Daley then seconded, but more discussion followed, until Board president James Dunn called the motion, and it was approved on a 3-2 vote, Dunn and District 2’s Cedric Burnett voting no.
Celebrating America's birthday
Celebrating the birth of America with an Independence Day parade is a time honored tradition in the Town of Tunica.
Melton is Tunica's newest Eagle
Garland Jacob Flowers Melton (center left) is the newest member of an exclusive group, Eagle Scouts.
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