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The Tunica Times • P.O. Box 308/986 Magnolia Street, Tunica, MS 38676

Local governments propose FY 2012 budgets

The Town of Tunica’s proposed budget for fiscal year 2012 is expected to decline, while the Tunica County School District budget is projected to grow from $36.2 million last year to $37.1 million.
Town officials are projecting total revenues of $2,757,300 and a beginning cash balance of $2 million, for a total of $4,757,300, down from just over $5 million last year. The town expects to disburse $2,787,234 in FY 2012 and carry over a cash balance of $1.9 million, both down from the prior year.

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Run-off set for Aug. 23

Tunica County voters will be asked to once again cast ballots in two local races, following returns from the Democratic Primary on Aug. 2, 2011.
A run-off election will be held on Tuesday, Aug. 23. Polls will be open countywide from 7 a.m. to 7 p.m.
Four candidates vied for county tax assessor and collector with no one candidate earning the needed 50 percent of votes. Final election totals put Norma J. Anderson and Leigh Graves closest to the required amount. Anderson claimed 31. 28 percent of votes while Graves had 30.93.

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Progress

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Federal government issues warning to local nonprofits

Federal tax exempt status has been revoked for nine local organizations, according to a report issued by the Internal Revenue Service.
According to the IRS, Beaver Dam Fishing Club, Inc., Concerned Citizens for a Better Tunica County,  Habitat for Humanity, Mississippi Confederated Child Care Nutrition Inc., Mississippi Youth Activities and Recreation Team Inc., Tunica Rotary Club, Tunica Cutoff Lake Development Association Inc., Tunica Organization of Women, Inc. and Veterans of Foreign Wars have failed to file an annual information return or notice with the agency for three consecutive years. Twenty-seven hundred organizations nationwide are facing a revoked tax exempt status.

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